A $100,000 donation to a political fundraising committee tied to President Donald Trump is under investigation by the U.S. Justice Department as a potentially illegal contribution from a fugitive Malaysian businessman, according to The Wall Street Journal.
Authorities are probing to discover the origin of the donation to the Trump Victory Fund, which is involved with Trump’s 2020 re-election efforts, believing it might have come from Jho Low.
Low was “indicted last year in the U.S. on three counts of conspiring to violate foreign antibribery laws and launder money, and also faces charges in Malaysia, for his alleged role in a scheme to steal billions of dollars from a Malaysian state investment fund called 1Malaysia Development Bhd., or 1MDB,” the Journal reported.
According to people familiar with the matter, the $100,000 donation was made by U.S. citizen Larry Davis, who co-owns Hawaii-based investment company LNS Capital.
Seven months prior to the donation, LNS Capital received transfers totaling $1.5 million that originated from Low, and the DOJ is seeking to learn whether the political donation illegally came from those funds.
The department’s inquiry is part of a broader public-integrity investigation into “Low’s alleged efforts to persuade the U.S. government to drop its investigations into him and, separately, to help China extradite Guo Wengui, a wealthy critic of Beijing seeking political asylum in New York City, where he lives,” the Journal reported.
Davis’s wife, Nickie Lum Davis, who is co-owner of LNS Capital, is a “longtime political fundraiser”, according to public Justice Department court filings, who helped Low in his efforts to lobby the Trump administration regarding his case and Guo.
She contacted “Elliott Broidy, a longtime Republican donor, whose wife, Robin Rosenzweig, owned a law firm that the Justice Department alleges received millions of dollars from a Hong Kong-based shell company controlled by Mr. Low.”
According to the Journal, court documents say that the firm then passed on $1.5 million to LNS Capital.”