Compliance
Stolen Emails Tie UAE Ambassador To 1MDB Central Figure - Reports

The plot appears to have thickened at 1MDB.
Newly-released stolen emails show deep-rooted ties between a
notorious Malaysian financier at the heart of global corruption
scandal and the United Arab Emirates ambassador to the US,
according to media reports.
Yousef Al Otaiba, a high-profile player in Washington, has
reportedly been connected to Low Taek Jho, a financier with
Hollywood ties who authorities worldwide allege is at the
epicenter of the misappropriation of billions of dollars from
1Malaysia Development Berhad, the state-owned development
fund.
The pair's relationship is drawing new scrutiny from US, Swiss
and Singaporean authorities, the Wall Street Journal
reports, citing people familiar with the probes, dragging Otaiba
into a scandal that is under investigation in at least six
countries.
The stolen emails reportedly show Otaiba and Shaher Awartani, his
Jordanian partner, discussing inquiries from various authorities
about transactions they received from entities investigators say
are affiliated with Low.
One email reportedly suggested Awartani buying a Ferrari after
what Otaiba described as a “transfer from Jho”.
“I think we each deserve to buy a nice toy in celebration, what
do you think ?? The 458 ITALIA maybe?,” Awartani reportedly wrote
to Otaiba in 2009.
Otaiba reportedly responded claiming such “toys” in Abu Dhabi
“will just attract unnecessary attention”.
WSJ said it was shown the emails by Global Leaks, but
the operation declined to identity its members or say how they
obtained the communications.
The probes are continuing.