(June 16): Prime Minister Mahathir Mohamad has rejected an offer by Low Taek Jho to drop his claim to assets frozen by US authorities in return for immunity from prosecution over the 1Malaysia Development Berhad (1MDB) scandal, the Wall Street Journal (WSJ) reported, citing sources.

According to the WSJ, Dr Mahathir turned down the offer through an intermediary.

Low, commonly known as Jho Low, is the alleged mastermind of the multi-billion dollar money-laundering scandal at state fund 1MDB. He has said he was only an unofficial adviser to the fund, and denied any wrongdoing.

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