SINGAPORE (June 14): The US Department of Justice (DoJ) described Eric Tan Kim Loong, 40, as an associate of Low Taek Jho or Jho Low.

He served as a proxy for Low in numerous financial transactions. He was the stated beneficial owner of several bank accounts, including in Singapore, into which misappropriated 1MDB funds were transferred.

It was literally through Tan’s hands (bank accounts) that US$2.36 billion ($3.15 billion) originating from 1MDB was moved to the accounts of various people, including former Malaysian prime minister Najib Razak — always at the instruction of Low.

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