KUALA LUMPUR: Two Pablo Picasso paintings, luxury watches and high-end condominiums in London, the United States and Switzerland, are among the assets seized from former 1Malaysia Development Berhad (1MDB) lawyer, Jasmine Loo Ai Swan. Deputy Inspector General of Police Datuk Seri Ayob Khan Mydin Pitch
KUALA LUMPUR: Two Pablo Picasso paintings, luxury watches and high-end condominiums in London, the United States and Switzerland, are among the assets seized from former 1Malaysia Development Berhad lawyer, Jasmine Loo Ai Swan.
He said that the police had seized various items, worth RM625,500, from a condominium unit in Bukit Damansara here, which was used as a location to store assets obtained, believed as a result of the misappropriation of 1MDB funds by Loo. He said that the investigations found that Loo was offered a position in the company in 2011, and received a salary of RM40,000 a month.
He said that Loo also received money from several companies and entities, worth US$16, million which was used to buy a property each, in New York and London, and make investments in the United States.
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