Friday the Department of Justice released a statement about an unsealed indictment that names Jho Low and Pras Michel, and exposes a major scandal in the Barack H. Obama 2012 presidential election.

“The Clinton Foundation also received $1M & $5M from Frank White, a top fundraiser for Ibama & Clinton who partnered with Michél to found DuSable Capital Management, a firm that’s done major business with the Malaysian 1MBD targeted by the DOJ,” reported Free Beacon.

According to the indictment, Jho Low transferred $21.6 million to Pras Michel, who spread about $865,000 among 20 straw donors who gave cash to the 2012 Obama presidential fundraising committee.

BREAKING U.S. charges 1MDB financial Jho Low, rapper Pras Michel, with conspiring to make illegal foreign conduit campaign contributions to President Barack Obama's 2012 election campaign. Follow @mattzap for more. pic.twitter.com/FLZLoBijKD — Spencer Hsu (@hsu_spencer) May 10, 2019

According to the press release:

“Prakazrel “Pras” Michel, 46, and Low Taek Jho, 37, also known as “Jho Low,” were charged with one count of conspiracy to defraud the United States government and for making foreign and conduit campaign contributions. Michel also was charged with one count of a scheme to conceal material facts and two counts of making a false entry in a record in connection with the conspiracy. Michel appeared today for his arraignment before U.S. Magistrate Judge G. Michael Harvey in the District of Columbia. Low remains at large.

According to the indictment, between June 2012 and November 2012, Low directed the transfer of approximately $21,600,000 from foreign entities and accounts to Michel for the purpose of funneling significant sums of money into the United States presidential election as purportedly legitimate contributions, all while concealing the true source of the money. To facilitate the excessive contributions and conceal their true source, Michel paid approximately $865,000 of the money received from Low to about 20 straw donors, or conduits, so that the straw donors could make donations in their names to a presidential joint fundraising committee. In addition, Michel personally directed more than $1 million of the money received from Low to an independent expenditure committee also involved in the presidential election in 2012.

The indictment also alleges that by funneling campaign contributions through straw donors, Michel caused a presidential joint fundraising committee to submit false reports to the Federal Election Commission (FEC), including a false amended report in June 2013. The committee’s reports were false because they identified the straw donors, rather than Low or Michel, as the true source of the contributions. In addition, the indictment alleges that by contributing more than $1 million of the money he received from Low to an independent expenditure committee, Michel also caused that committee to submit false reports to the FEC, insofar as those reports identified Michel as the source of the contributions when, in fact, it was Low. The indictment further alleges that in June 2015, Michel submitted a false declaration to the FEC in which he claimed that he had no reason to conceal the true source of his contributions to the independent expenditure committee in 2012, even though Michel knew that the true source of that money was Low and that Michel had funneled the foreign money into the election. ”

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