KUALA LUMPUR: The police have completed its investigation against former 1Malaysia Development Bhd (1MDB) lawyer Jasmine Loo Ai Swan.
Deputy Inspector-General Datuk Seri Ayob Khan Mydin Pitchay said they have also submitted the investigation paper to the Attorney-General's Chambers (AGC).
The case, he added, is being investigated under 409 of the Penal Code for criminal breach of trust.
"We have completed our part and we have already submitted (the investigation paper) to the A-GC," he told a press conference after the handing over of duties from Datuk Seri Mat Kasim Karim and acting federal police Traffic Enforcement and Investigation department director Datuk Mohd Nasri Omar.
Mat Kasim, who has been in the police force for over 30 years will officially retire tomorrow (Sept 30).
It was reported that Loo was among the proxies working with fugitive businessman Low Taek Jho, better known as Jho Low, to misappropriate millions of ringgit from the sovereign state fund.
Loo, who also became a fugitive after the fall of the Barisan Nasional-led government during the 14th General Election in 2018, was listed as a wanted person.
In that year, Low, alongside three others linked to the scandal — Loo, Terence Geh, Casey Tang Keng Chee and Eric Tan Kim Loong — were charged in absentia at the Putrajaya and Kuala Lumpur magistrate's courts over money-laundering cases linked to the 1MDB scandal.
Loo was charged with two counts of laundering involving more than US$6 million received in a Swiss account she controlled on Dec 6, 2012 and July 1, 2014.
This is believed to be a portion of the funds diverted from the first two 1MDB bond offerings underwritten by Goldman Sachs.
On Jan 20, the High Court allowed the government and a bank to forfeit one property, two luxury vehicles and RM22,600 in cash belonging to Loo.
The forfeiture application was filed in November 2021 under Section 56 of the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activity Act 2001.