Relatives of businessman Low Taek Jho are seeking fresh court action in a bid to prevent the US government from seizing assets as part of an investigation into the scandal-tainted 1MDB fund, according to a US court filing.
According to Reuters, four of Low's relatives are planning to file court actions in New Zealand and the Cayman Islands this week to have real estate and other assets transferred to a new trustee, according to a motion on Monday in a federal court in Los Angeles