Did Jho Low finance Trump’s re-election, asks DoJ – report

 

KUALA LUMPUR (March 14): The US Justice Department (DoJ) is investigating if fugitive financier Low Taek Jho had any part in financing President Donald Trump’s re-election campaign.

Citing the Wall Street Journal (WSJ), MalayMail online today reported that the probe is over a US$100,000 (RM408,850) contribution made via a Larry Davis in 2017 to the Trump campaign for the 2020 presidential election.

Notably, US law prohibits foreigners from making contributions, direct or otherwise, to the country’s politicians.

WSJ said the probe is part of the larger DoJ investigation into Low, also known as Jho Low, over his part in the 1Malaysia Development Bhd (1MDB) global corruption scandal.

It said this portion of the investigation is related to alleged attempts by Low to dissuade the US from continuing its investigation against him and to aid Beijing’s attempt to extradite one Guo Wengui, a wealthy dissident attempting to seek political asylum in the US.

Court filings by the DoJ categorised Davis as the co-owner of LNS Capital and a “longtime political fundraiser” who allegedly aided Low’s attempts in both cases.

The report said according to public records, Davis withdrew the US$100,000 donation and it was subsequently refunded.

The WSJ also recalled previous reports alluding to Low’s attempts to influence Trump, such as hiring lawyers connected to the latter such as former New Jersey governor Chris Christie, Marc Kasowitz, and Bobby Burchfield.

The Malay Mail said following the report, Low’s lawyers sent it a statement in which he denied making the donations contained in the report. — theedgemarkets.com

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