Warrants of arrest for Jho Low and SRC director Nik Faisal, with warrants being prepared for former 1MDB CEO Shahrol Halmi and former Goldman Sachs banker Roger Ng.
The government is trying to arrest Jho Low over his involvement in the 1MDB scandal, but it is impeded because he is in an undisclosed country which Malaysia has an extradition treaty.
This was revealed by Prime Minister Tun Dr Mahathir Mohamad at a press conference today.
“We are trying to arrest Jho Low. But he isn’t in the country and we don’t have extradition rights in the country he is in. They have investigated his involvement in 1MDB and it is on those grounds he will be arrested,” Mahathir said.
Asked to reveal Low’s whereabouts, he said the former “is in many countries”.
When asked about the grounds for Low’s arrest, Mahathir said it would be based on the authorities’ investigations into his role in the 1MDB scandal.
Malaysiakini yesterday quoted MACC sources who revealed that warrants for Low and SRC International director Nik Faisal Ariff Kamil had been issued a few days ago.
Citing sources, Bloomberg reported that the MACC is also preparing arrest warrants for former 1MDB chief executive officer Shahrol Halmi, and former Goldman Sachs banker Roger Ng.
Meanwhile, Singapore says Interpol had a ‘Red Notice’ out on Low in 2016 and Malaysia was aware of it.
Singapore authorities said they issued warrants of arrest for Low and Eric Tan Kim Loong back in April and May 2016, following investigations of 1MDB-related fund flows through the financial system there which began in March 2015.
However, as Low and Tan could not be located in Singapore, their law enforcement agencies also sought help from Interpol. The relevant so-called ‘Red Notices’ were published back in October 2016.
According to Interpol, a Red Notice is a request by a member country to locate and arrest an individual pending extradition. It is issued if there is a valid national arrest warrant.
“All members of Interpol, including Malaysia, would have been aware of the Red Notices when they were published,” states the Attorney General Chambers, the Singapore Police Force and the Monetary Authority of Singapore in a joint statement on Friday.
The Singapore statement also said that former Attorney-General Tan Sri Abdul Gani Patail, who is now part of the 1MDB taskforce, has gone to Singapore to meet officers from the AGC, CAD and MAS.
This was after MACC officers met with their Singaporean counterparts at the MACC headquarters in Putrajaya on May 31.
“It was a productive meeting with a fruitful exchange of information,” the statement read, adding that the meeting was held at the invitation of Singaporean authorities.
Singapore said it does not tolerate the use of its financial system as a refuge or conduit for illicit funds.
Hence, it has taken strong action against financial institutions and individuals who have broken laws within its jurisdiction in connection with 1MDB fund flows, including criminal charges and convictions, as well as large financial penalties.
Thus far, Singapore has convicted five individuals for various roles they played in facilitating 1MDB-linked fund flows through Singapore.
Of these five, three of them are former BSI bankers, including Yak Yew Chee and Yvonne Seah, both of whom are relationship managers to Low. Yeo Jiawei, a former wealth planner, went to a full trial to fight against his charges. He was given a 30-month-long sentence.
Three others have been slapped with prohibition orders for lesser roles.
Related report: June 7, Jho Low to Cooperate in !MDB Probe