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U.S. nears 1MDB recovery deal with Malaysian fugitive Jho Low: Bloomberg

U.S. nears 1MDB recovery deal with Malaysian fugitive Jho Low: Bloomberg

The U.S. Justice Department is close to a deal with fugitive financier Jho Low to recover almost a billion dollars that was misappropriated from Malaysian investment fund 1MDB, Bloomberg reported on Wednesday, citing a source familiar with the matter.