Ex-US Justice official pleads guilty in 1MDB lobbying scandal
READ MORE A former US Justice Department official has pleaded guilty to banking violations as part of an attempt to lobby Washington to drop an investigation into a money laundering and bribery scheme that pilfered billions from Malaysia ‘s 1MDB investment fund. George Higginbotham, 46, admitted on Friday to lying to US banks while transferring tens of millions of dollars to fund a lobbying campaign on behalf of Low Taek Jho – the 1MDB affair’s alleged mastermind. The massive corruption investigation, which upended Malaysian politics, spanned the globe with the money from the state fund gambled in Las Vegas, spent on diamond jewelry and a luxury yacht and used to finance the “Wolf of Wall Street” and other Hollywood productions. The long-ruling coalition in Malaysia was ousted in a May election, and then-Prime Minister Najib Razak, who set up the fund, now faces criminal charges there. In August, US prosecutors charged Low, who is at large, with eight cou...