MACC has begun interrogating Jasmine Loo

Former 1MDB general counsel Jasmine Loo Ai Swan is currently being investigated by the Malaysian Anti-Corruption Commission (MACC) for alleged involvement in corruption and money laundering, said MACC chief commissioner Azam Baki.

He said MACC investigating officers had been recording statements from Loo, who is currently under police custody, since Sept 4.

On Monday, Deputy Inspector-General of Police Ayob Khan Mydin Pitchay said two Pablo Picasso paintings, luxury watches, and high-end condominiums in London, the US, and Switzerland were among the assets seized from Loo.

He said that the assets, worth RM93.2 million, were believed to have been obtained as a result of the misappropriation of 1MDB funds.

On July 7, Loo, who is believed to have been part of fugitive businessman Jho Low’s inner circle and possessed information regarding 1MDB, surrendered herself at the Dang Wangi police headquarters.

Meanwhile, Azam said the police and MACC would try their best to return other 1MDB-linked assets.