Cyprus to Auction Off Fugitive Jho Low's Luxury Seaside Villa
ID: 9a7dd5b7-dadc-5149-b69c-6c356a3ee245
STIX ID: report--9a7dd5b7-dadc-5149-b69c-6c356a3ee245
Fugitive financier Jho Low’s luxury villa in Ayia Napa, Cyprus, has been ordered confiscated by a Nicosia court and is set for auction; the action—taken without a local criminal conviction and reportedly with his lawyers' consent—relates to allegations he masterminded the 1MDB fraud and money‑laundering scheme, and follows Cyprus revoking his citizenship previously obtained under its investment scheme.
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