Fugitive Jho Low, known the world over for his infamous role in the 1MDB saga, is now implicated in another scandal, of the carnal kind.

According to an investigative report, the 37-year-old Penang-born financier purportedly received sexual services arranged by a South Korean entertainment executive.

The Korea Herald said the lurid details surfaced in a report aired by the Munhwa Broadcasting Corporation (MBC) programme "Straight" yesterday.

It alleged that YG Entertainment chief executive officer Yang Hyun-suk (photo below) hosted dinner parties for investors including Low where sex workers were present.

The report claimed that the dinner involving Low and a Thai businessperson took place in July 2014.

There were 25 women, including 10 sex workers from an adult entertainment establishment, as well as eight men at the event.

YG Entertainment has dismissed the report as baseless.

Read more: Jho Low met exec linked in K-pop sex scandal through Psy

MBC's programme was a continuation of its reports about the “Burning Sun” scandal which has rocked the South Korean entertainment industry.

In January, MBC investigated how a 29-year-old man was assaulted when he tried to help a woman who was being sexually harassed at the Burning Sun night club in Gangnam, Seoul.

Apart from being assaulted by the club's staff, he was also arrested and charged by the local police.

The investigation quickly escalated with the revelation that women were being drugged and raped at the club and the local police being paid off.

Seungri from the band Big Bang, who was affiliated with the club, later quit the entertainment industry when leaked chat conversations revealed he arranged sex workers for investors.

YG Entertainment is the agency which represented Seungri.

The investigation involving prostitution, drug trafficking and police corruption have since expanded to other night clubs.

Pop star PSY is among the artistes under YG Entertainment.

PSY had performed a free concert in Penang ahead of the 13th general election in 2013.

It was widely believed to have been funded by Jho Low.