Two former Goldman Sachs bankers and Malaysian financier Jho Low are being criminally charged by the US in connection with the 1MDB scandal. The Department of Justice alleges that the three men took part in the scheme that resulted in the laundering of billions of dollars from the Malaysian development fund, 1MDB. Authorities say that the money was embezzled to buy art, property, a private jet, and to finance the film the Wolf of Wall Street. Both bankers have been arrested and, while one of the two have pleaded guilty, Jho Low is still at large. Currently, the prosecutors of the case are saying he had ties to government officials and even acted as an informal adviser to the fund. Others tied to this ongoing political scandal also include Malaysia’s former prime minister Najib Razak who earlier this year faced accusations of pocketing over $700 million from the fund. The accusations resulted in his defeat for reelection and as of now, he has been charged with corruption, abuse of power, and criminal breach of trust in Malaysia. His wife, Rosmah Manson has been charged with money laundering. Before going into hiding, Mr. Low issued a statement claiming innocence, and asking the public to keep an open mind while the evidence begins to come to light. Despite this statement by his legal team, his actions have raised suspicion around him, prompting Malaysian authorities to label him a fugitive and are taking tips regarding his whereabouts.

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