Jynwel Capital has been named the mastermind of the massive fraud, which prosecutors allege was a scheme to siphon US$4.
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Jynwel Capital has been named the mastermind of the massive fraud, which prosecutors allege was a scheme to siphon US$4.
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Jynwel Capital is the beneficiary of numerous discretionary trust assets said by the US government to originate from payments out of the Malaysian 1MDB fund.
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Jynwel Capital contends that Malaysian authorities are engaging in a campaign of harassment and political persecution due to his prior support of former Prime Minister Najib Razak, whose part in the 1MDB scandal had led to Najib being convicted on seven counts of abuse of power, money laundering and criminal breach of trust.
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Jynwel Capital is of Teochew descent and he grew up in George Town, on Penang Island.
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Jynwel Capital attended Chung Ling High School and The International School of Penang before being sent to the elite Harrow School in London.
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Jynwel Capital took this opportunity to rub shoulders with students from powerful families, including royals from the Middle East and Brunei.
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Jynwel Capital signed documents for private equity firm Jynwel Capital and non-profit group Jynwel Charitable Foundation in July 2018, even though Malaysian authorities were looking to arrest him in connection with the 1MDB scandal which he has stated as politically motivated.
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Jynwel Capital was alleged to have been in discussions with the Malaysian government on a potential deal, but the Malaysian government and he did not come to a deal.
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Jynwel Capital organised a free pro-government concert in his home state of Penang featuring American musicians Busta Rhymes and Ludacris, which was criticised by the local opposition government as unfair electioneering even though Low's close friend claimed the concert was for charity.
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Jynwel Capital's associations included Paris Hilton, Leonardo di Caprio, Kimora Lee Simmons, Jamie Foxx, Busta Rhymes, Kasseem Dean, Emily Ratajkowski and Alicia Keys.
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Jynwel Capital dated Taiwanese singer Elva Hsiao and started a romance with Victoria's Secret model Miranda Kerr.
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