DOJ claims Low spent US$10m on jewellery for his mom and Miranda Kerr
- 7 years ago
The United States Department of Justice (DOJ) has accused Penang-born tycoon Jho Low and his associate Eric Tan of spending a whopping US$200 million on jewellery.
Though the DOJ did not list out all the alleged purchases, it, however, claimed that Low alone spent at least US$9.9 million on jewellery for Australian model Miranda Kerr as well as his mother.
According to the DOJ, the first recorded purchase by the businessman using 1MDB-linked monies dated back to 2012 when he bought a diamond ring and matching diamond earrings for his mother.
Though the DOJ did not list out all the alleged purchases, it, however, claimed that Low alone spent at least US$9.9 million on jewellery for Australian model Miranda Kerr as well as his mother.
According to the DOJ, the first recorded purchase by the businessman using 1MDB-linked monies dated back to 2012 when he bought a diamond ring and matching diamond earrings for his mother.