PUTRAJAYA: 1Malaysia Development Bhd's (1MDB) former general counsel Jasmine Loo Ai Swan was arrested by police last Saturday.
Home Minister Datuk Seri Saifuddin Nasution Ismail, at a press conference, said police remanded the rogue lawyer at their Dang Wangi headquarters.
"She was arrested on friday, and police remand obtained on saturday.
"She was arrested under Section 409 of the Penal Code for criminal breach of trust.
"Her lawyer said the suspect will give her full cooperation," he said today.
Saifuddin said he could not divulge further information as the case was still under investigation.
Loo's name was heavily mentioned during Datuk Seri Najib Razak's ongoing corruption trial for allegedly misappropriating RM2.3 billion from 1MDB.
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 2018, Low, alongside four 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 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.