Jasmine Loo Ai Swan gained notoriety for her alleged involvement in one of the most notorious financial scandals in recent history – the 1Malaysia Development Berhad (1MDB) scandal.
Ms Loh, who served as 1MDB’s group strategic chief and executive director and was deeply involved in operations that resulted in billions of dollars being misappropriated, became known as investigations revealed her close ties to 1MDB fraud mastermind Jho Low.
The scandal not only thrust her into the spotlight, it also led to her being hunted by the international community and becoming a key figure in one of the largest corruption cases involving a state investment fund.
contour
- Full name: Jasmine Loo Ai Swan
- Date of Birth: Unknown
- Age: 45 (estimated)
- Gender: Female
- Birthplace: Malaysia
- Nationality: Malaysian
- Occupation: Lawyer, former general counsel of 1MDB
- Height: Unknown
- Parents: None
- Brothers and sisters: None
- Spouse: No
- Children: None
- Relationship status: None
- Religion: None
- Race: N/A
- Net worth: $5 million
Early life and education
Jasmine Loo is about 45 years old and lived in Malaysia in her early years. Details of her family background, including her parents and siblings, are still unknown to the public.
Ms Loh received her higher education in the United Kingdom, majoring in law. However, specific information about the school she attended and the year she graduated is unclear. Her legal education laid the foundation for her career, which eventually led her to hold key positions in several financial institutions before joining 1MDB.
personal life
Information about Jasmine Loo’s personal life, including her marital status and children, is not known. Reports do not provide clear details about her relationships, how she met any potential spouse, or whether she has any children.
For years, she was involved in 1MDB affairs and then went on the run, with her personal life largely out of public attention, which has focused more on her professional misdeeds and legal troubles.
Profession
Jasmine Loo started her career in the legal industry, initially working in compliance and legal roles. Prior to joining 1MDB, she was the executive director of compliance and legal at Utama Banking Group (UBG) Berhad, a company associated with Jho Low. Her most notable position was at 1MDB, where she served as group strategic general counsel and executive director from 2012 to 2013.
In that role, Loo was a key liaison between 1MDB and Goldman Sachs, helping broker the deals that became at the heart of the 1MDB scandal. Her involvement in those deals and subsequent flight from authorities have marked a career marked by controversy and legal challenges.
net worth
Jasmine Loo’s net worth is estimated at $5 million as of 2024. Her financial situation may have been affected by legal issues and asset seizures related to the 1MDB scandal.
dispute
Jasmine Loo has been at the center of numerous controversies and legal battles in connection with the 1MDB scandal, which was orchestrated by Jho Low and involved several high-profile individuals including Loo, and resulted in billions of dollars being misappropriated from Malaysia’s sovereign wealth fund.
Ms. Loh was identified as a key person, particularly for facilitating major transactions with Goldman Sachs during her tenure as general counsel. These transactions included the transfer of large sums of money to accounts controlled by Jho Low and others, resulting in huge financial losses to Malaysia.
In 2018, after the scandal broke, Lo fled Malaysia, fearing for her safety after Low threatened her that her life would become a “living hell” if she cooperated with authorities. She remained on the run for five years, during which time she lived on funds occasionally provided by Low.
Her return to Malaysia in 2023 was part of a secret operation negotiated by her lawyers and the Malaysian government, which promised she would cooperate with ongoing investigations.
Loo’s testimony has played a key role in 1MDB-related trials, including the high-profile case of former Malaysian Prime Minister Najib Razak. She admitted to receiving funds and assets from Low that were part of the misappropriated 1MDB funds.
Her participation and subsequent testimony were crucial in unravelling the complex web of financial dealings surrounding the 1MDB scandal.
social media
- Instagram: No
- Twitter: No
