Federal investigators have reportedly launched a probe to determine if fugitive Malaysian financier Jho Low arranged payments using laundered money to several lawyers representing him, including Marc Kasowitz of Kasowitz Benson Torres, former New Jersey Gov. Chris Christie and King & Spalding partner Bobby Burchfield. There is no indication of any wrongdoing on the lawyers’ part.

Citing anonymous sources “familiar with the matter,” The Wall Street Journal reported Wednesday on the existence of an investigation into potential payments by Low, who is currently a fugitive and faces accusations that he played a major role in embezzling some $4.5 billion from 1Malaysia Development Berhad (1MDB), a sovereign wealth fund.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]