Jho Low Bienalle

hopefully the Malaysian authorities able to come up with something, or perhaps curate an exhibition of artworks purchased by Jho Low for public viewing before reselling these artworks. Purchased using the 1MDB money, this fat clown is smart enough in parking his money under the purchased artworks. 

https://www.artnews.com/art-news/news/jho-low-forfeits-andy-warhol-claude-monet-1mdb-justice-department-1234710767/

https://complyadvantage.com/insights/art-money-laundering/

Easier than moving gold, cold hard cash, the painting will be stored somewhere (Switzerland) like a fixed deposit saving accounts with a better interest rates. If he needs cash, he can sell them back. 

https://www.investopedia.com/ask/answers/060716/why-switzerland-considered-tax-haven.asp#:~:text=12-,The%20Bottom%20Line,benefits%20taxpayers%20have%20long%20enjoyed.

Now lets see how Malaysian authorities will handle these boys. Below are the ones reported by mass media. It's known that he owns at least 3 Alexander Calder's works.  

Ed Ruscha, Bliss Bucket, Lithograph purchased for USD367,500

Monet's Nympheas, London Sotheby where he won at USD53.9 million

May 2014, his former lawyer Jasmine Foo purchased Picasso's drawing from Christie for USD1.38 million, used misappropriated funds from a bond sale from Goldman Sachs 

  

                   

Basquiat's 1982 Dustheads bought at USD43.5 million

the Picasso painting Tête de taureau et broc (1939), also known as Nature morte au crâne, acquired on January 2, 2014 using $3.28 million in funds from a diverted bond sale in 2013. The painting was gifted to DiCaprio the same month with a handwritten note that said “Happy belated Birthday! This gift is for you.” and signed “TKL,” Low’s initials.

One out of four existing original copies of Metropolis film poster by Heinz Shultz.

127 Heinz Schulz-Neudamm rare “Metropolis” 

we will not see a Rothko as Mark Rothko‘s Untitled (Yellow and Blue), sold for a much larger drop last November at Sotheby’s in Hong Kong. The nearly 8-foot-tall 1954 painting sold for $252.5 million HKD ($32.5 million) on a high estimate of $275 million HKD ($35 million), 30 percent less than when it it sold for $46.5 million at a Sotheby’s New York evening sale in May 2015.

Basquiat's 1982 garbage self portrait

one of Monet's 250 Waterlilies pieces entitled Nympheas

Warhol's Green Emerald Campbell soup

Warhol's Round Jackie

silver gelatin print of Diane Arbus Boy with the Toy Hand Grenade
purchased for USD750,000

until today, this fat clown still in hiding, in fact better than Waldo, we Malaysian citizens kept on paying a massive debt. Now seriously how much the country lost in this scandal? Approximately its USD4.5 billion in which we have an outstanding bill amounts to USD7.8 billion.

its MYR42 billion.

Let me put in scale, James Cameron needed USD400 million to produce one of his Avatar film, in order for the studio to make a profit, they need to make at least USD2 billion. Any lesser amount is equivalent to failure. 

Best of all, after spending all his cash, he sold back part and parcel of his collection. 

https://www.malaysiakini.com/news/330172

https://www.wsj.com/world/asia/1mdb-jho-low-forfeit-monet-warhol-paris-apartment-4d058288

A May 2016 story in the Wall Street Journal described how, starting in February 2015, Low sold dozens of artworks for more than $200 million—even though most of the lots sold for well under what Low paid for them. 

now bear in mind it doesn't matter if he profit or losing as it's not his money to begin with. 

The record-breaking Basquiat Dustheads painting he bought for $48.8 million? In April 2016, it went to hedge funder Daniel Sundheim for $35 million. The Rothko he bought from Monsieur Pinault for $70 million? It sold at Sotheby’s in New York in May 2015 for $46.5 million. 

The Monet he bought at Sotheby’s in London in June 2014 for £33.8 million ($57.5 million)? It was sold privately to a dealer in Hong Kong for €25.2 million—well below the €42.3 million equivalent he had paid.

https://www.bloomberg.com/news/articles/2016-02-12/flashy-malaysia-financier-said-to-sell-picasso-basquiat-at-loss

Jho Low's vessel Equanimity, now named Tranquility, is being sold for US$200m, an increase of more than $70m on its previous price tag. It is currently owned by the Genting Group, a Malaysian conglomerate with business interests in real estate, hospitality, plantations and energy supply.

Basquiat Red Man One purchased for USD9.2 million, sold for USD3.5 million

Picasso Tete De Femme (1935) bought for USD39.9 million sold for USD8.9 million

 

Basquiat Head of a Madman was sold for 6.2 million pound.

Bloomberg said Low sold his 10-foot-tall Gerhard Richter abstract painting for a record 30.4 million pounds to billionaire Ken Griffin.

Abstraktes Bild (599)" from 1986.

black, punctured, egg-shaped canvas by Lucio Fontana fetched 15.9 million pounds in London, setting what was then an auction record for the post-war Italian artist.

Mark Ryden Queen Bee, purchased at USD714,000

So US now is dealing with SPRM, tinkering on how to bring several works here in the country. So far they listed on 12 works mostly lithographs. Not the heavy hitters but notable ones. Seems Jho been putting all his fingers on notable modern and Impressionist and Post Impressionist eras as museums and collectors eager to own one. Easier to unload.

https://news.artnet.com/art-world/documents-show-jho-low-tktkt-567875

https://www.freemalaysiatoday.com/category/nation/2025/12/13/us-to-return-12-works-of-art-seized-in-1mdb-case

Matisse's Femme Assise series

Alexander Calder's lithograph Studies for Sculpture

William Bailey Umbrian Still Life

one of Miro's composition series.

Picasso's lithograph LEcuyere at les Clowns
 

all these wheeling and dealing, one of his best buddy now lounging in Kajang Prison for another 3 years.

Najib found guilty and charged with 12 years in jail, fined MYR210 million but now he only need to serve 6 years and pay only MYR50 million. Will be free on 23rd August 2028. 

If you want to know how money laundering works?

we can only wait and see what happens next as these will take ages to handle especially when it comes to provenance, insurance and ownerships. 

Unlike Jho Low, who buy and sell all these artworks to make his earnings legal, back home we are so used to nonsensical ideas of wasting taxpayer's money. Just fly to Langkawi to see below average, invisible, unspeakable, unsellable garbage sculptures under the sea. 

lets flush taxpayer's money down somewhere.