Greg Farrell and Sridhar Natarajan,Bloomberg 1 hour 52 min https://www.yahoo.com/finance/news/1mdb-jho-low-rapper-pras-201220620.html 1MDB’s Jho Low, Rapper Pras Michel Indicted Over Obama Donation Greg Farrell and Sridhar Natarajan,Bloomberg 1 hour 52 minutes ago 1MDB’s Jho Low, Rapper Pras Michel Indicted Over Obama Donation (Bloomberg) -- U.S. prosecutors brought additional charges against Jho Low, the Malaysian national accused of looting the 1MDB wealth fund, for campaign-finance violations related to President Barack Obama’s 2012 re-election effort. According to an indictment unsealed Friday in Washington, Low transferred $21.6 million to Pras Michel, a musician and film producer, who spread approximately $865,000 among 20 people. These straw donors, in turn, gave the cash to a presidential fundraising committee without indicating it had come from a foreign source. Michel also sent more than $1 million to an independent election committee, prosecutors said. The charges, against both men, show a wide-ranging effort by the Malaysian financier to win influence in the U.S. In an indictment last year, Low and Michel weren’t charged but were identifiable as co-conspirators trying to influence the Trump administration as the Justice Department investigated the 1MDB scandal. Now, the Trump Justice Department says Low’s influence-buying goes back to the previous administration. During Obama’s re-election campaign, Michel and Jho Low’s father attended a fundraiser in Washington, D.C., and sat on each side of Obama, according to the indictment. Candidate A Obama’s name doesn’t appear in the indictment, which refers to him only as Candidate A. Nor is there any indication that he or the political groups knew of the foreign efforts or did anything wrong. The straw donors also weren’t identified. Who knew?