The settlement agreement between the United States Department of Justice (DOJ) and fugitive financier Low Taek Jho is good news for Malaysia's campaign to recover funds that were allegedly looted from the country's sovereign wealth fund 1Malaysia Development Berhad (1MDB).
But the deal is unlikely to sit well with Prime Minister Mahathir Mohamad's government because of the complications it could present to the ongoing 1MDB trials against former premier Najib Razak, Low - who is also known as Jho Low - and their accomplices.
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