The judge rejected Michel's motion to dismiss a forfeiture complaint
A D.C. federal judge has ruled that the U.S. government has made plausible claims that controversial Malaysian businessman Jho Low attempted to funnel more than $37 million into the country through bank accounts connected to ex-star Pras Michel. On Thursday, the judge rejected Michel's motion to dismiss a forfeiture complaint.
The Justice Department's attempt to seize the money came last November as part of its ongoing investigation into the alleged looting of the Malaysian public wealth fund called 1 Malaysian Development Berhad . and argued that the United States had failed to adequately allege that the rem property constituted proceeds of specified unlawful activity. for allegedly conspiring to conceal foreign political contributions.
Meanwhile, U.S. District Court Judge Colleen Kollar-Kotelly decided yesterday that in connection to the seized $37 million, the government adequately alleged that the money in Michel's accounts were proceeds of bank fraud and false statements plus were traceable to a conspiracy designed to convince financial institutions to accept Jho Low's money before being disbursed in a lobbying campaign.
As more facts come out, Michel will have the opportunity to make a renewed challenge to the forfeiture.
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