US court orders Jho Low to forfeit mother’s luxury diamonds worth RM8.3m ...Middle East

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US court orders Jho Low to forfeit mother’s luxury diamonds worth RM8.3m
PETALING JAYA: In a major development in the 1MDB scandal, a federal judge in Los Angeles has ordered Low Taek Jho, also known as Jho Low, to forfeit a trio of flawless diamonds purchased for his mother. These diamonds, sourced from a jeweller known for designing for celebrities such as Beyoncé and Adele, include a 7.35-carat diamond ring and matching diamond earrings, both exceeding three carats, Bloomberg reported. US district judge Dale Fischer ruled that the diamonds, valued at approximately US$1.17 million (approx. RM5.4 million) for the ring and US$628,000 (approx. RM2.9 million) for the earrings, were bought using funds looted from the 1MDB fund. ALSO READ: DOJ recovers US$100 million

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