According to some lawmakers, the parties ‘ agreements on June 3 and 4 also include other secret commitments to the US government, which may pursue settlement negotiations with other counterparties, including services in another foreign states, to achieve a world resolution of the scandal that resulted in former prime minister Najib Razak’s jailing.
The scandal-ridden state-owned royal finance 1MDB was the creation of by Najib and Low.
This Settlement Letter Agreement, as we have discussed, “adopts your desire for the United States to handle negotiations with Malaysia, Singapore, Switzerland, France, and other foreign nations that have restraining orders in place for the majority of the assets described below and in the Actions,” according to the file. It also specifies the steps involved in the bankruptcy and move of gross liquidated proceeds to Malaysia and our shared interest in resolving any potential dispute over the assets referenced below in Table 1.  ,
The copy that CNA reviewed had the record of the property removed.
SETTLEMENT AGREEMENT LETTER DIFFERS FROM DOJ’S STATEMENT
Following a distinct US$ 700 million package in October 2019, the DOJ and Low have entered a second asset forfeiture agreement.
In Malaysia, reverberations from the 1MDB scandal continue to permeate the country, and Low continues to be one of its most wanted criminal defendants.  ,
The Settlement Agreement Letter’s detailed terms are fundamentally different from the DOJ’s speech on Wednesday, in which it stated that it had resolved two legal forfeiture cases involving goods that had been acquired using money supposedly extorted from 1MDB.
These cases stem from what US prosecutors claimed was a part of a plot that took various forms between 2009 and 2015 and involved the misappropriation of more than US$ 4.5 billion in 1MDB-related funds.  ,
The DOJ estimated that Low purchased the Warhol and Monet works for about US$ 35 million, and that the surrendered financial deposits and real estate properties were valued at about US$ 67 million.  ,
According to the DOJ, Low is also accused of conspiring to embezzle billions of dollars from 1MDB and of conspiring to defraud various Malaysian and Emirati officials by allegedly paying bribes to them.
He is accused in the District of Columbia of conspiring to conceal and make foreign and proximate campaign contributions during the 2012 US presidential election.  ,
The DOJ added that the most recent settlement “does not release any entity or individual from filed or potential criminal charges”