Donald Trump Might Have Received $100,000 Campaign Donation from 1MDB Fugitive: DOJ
The DOJ is investigating whether Donald Trump’s presidential campaign received a $100,000 donation from 1MDB fugitive Jho Low. | Source: REUTERS / Mike Segar
The U.S. Department of Justice (DOJ), which is currently headed by Donald Trump appointee William Barr, is investigating whether a $100,000 donation made to the president’s political fundraising committee came from one of the central figures in Malaysia’s 1MDB corruption scandal, Jho Low.
According to the Wall Street Journal, the money was donated to the U.S. president’s re-election committee – Trump Victory – in December 2017. The donation was made by Larry Davis whose firm LNS Capital had received $1.5 million from Low in mid-2017.
If Low is found culpable, it will only increase the charges he is facing in the United States. Federal laws forbid non-Americans from directly or indirectly donating to U.S. political action committees or politicians.
Trump is Running – Jho Low is on the Run
Already, Low is wanted in the United States on three counts related to the multi-billion Malaysian scandal. Of the $100,000 that was donated by Davis, Trump Victory retained $5,400 and forwarded the rest to Republican entities.
Per the Wall Street Journal, the investigation being conducted by the DOJ on the source of the funds is related to a broader inquiry over the alleged efforts of Low to have investigations into him with regards to his role in looting Malaysia’s investment fund 1MDB dropped.
The mastermind of the looting scandal that saw $4.5 billion disappear from state coffers is currently believed to be hiding in China.
Jho Low’s Efforts to Suppress Probes Invite More Probes