SINGAPORE (Feb 6): Singapore has reportedly seized a US$35 million ($50 million) private jet belonging to 1MDB mastermind Low Taek Jho, also known as Jho Low.

The Bombardier Global 5000 jet has been impounded by authorities and grounded at Singapore’s Seletar Airport for the past two weeks, according to Sarawak Report.

The aircraft is part of some US$1 billion in assets allegedly acquired with funds siphoned from 1Malaysia Development Bhd (1MDB) that the US government is moving to seize.

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