From Monet to millions: Over RM150m in assets linked to ex-1MDB lawyer Jasmine Loo traced in Switzerland, MACC says
KUALA LUMPUR, April 6 -- Assets linked to former 1Malaysia Development Berhad (1MDB) lawyer Jasmine Loo in Switzerland are estimated to exceed RM150 million, spanning holdings in US dollars and euros.
The haul includes four of 12 high-value paintings by world-renowned artists tied to the misappropriation of 1MDB funds, collectively valued at more than US$30 million (RM120 million).
According to Utusan Malaysia, Malaysian Anti-Corruption Commission (MACC) special operations division senior director Mohamad Zamri Zainul Abidin said US$9.26 million had been traced to several accounts and other holdings.
A further €25.23 million is believed to stem from the sale of prominent artworks.
"Among the identified assets are art holdings wo...
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