In 2016, Loretta Lynch, a U.S. Attorney, said that the government would seek to recover more than $1 billion of assets bought using proceeds from 1MDB. Low’s jet, mansions, and EMI stake were seized. Granite, the production company, had to pay $60 million.
The Department of Justice (DoJ) was reported to have sought restitution from other famous celebrities who had received gifts from Low:
Low allegedly purchased a US$325,000 white Ferrari as a wedding gift for Kim Kardashian in 2011.
Leonardo DiCaprio, who has since returned Picasso and Basquiat paintings.
Red Granite had to pay a $60 million settlement
Miranda Kerr who returned diamond jewelry with a market value of US$8 million.
In June 2024, Low agreed to forfeit more than $100 million in assets to settle two civil cases with the U.S. Department of Justice, which includes
a luxury apartment in Paris
artwork by Claude Monet and Andy Warhol.
a $120 million yacht
and another $1 billion previously forfeited by Low and his family.
Low continues to face separate criminal cases for money laundering and bribery.
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