Police investigations into the 1MDB affair are expected to be completed by March, inspector-general of police Mohamad Fuzi Harun said today.

According to Sinar Harian, the police are now in the midst of wrapping up the probe, the findings of which will thereafter be handed to the Attorney-General's Chambers for further action.

Fuzi said this to reporters after launching a community programme at the Berjaya Times Square in Kuala Lumpur.

Earlier this month, the IGP confirmed that his officers had met with their counterparts in China in an effort to track down fugitive businessperson Low Taek Jho, who is said to be a key player in the 1MDB scandal.

The police are also in touch with Interpol, he had said. Low was believed to have escaped to Macau from detention in Hong Kong.

Last December, Low was charged in absentia with five money-laundering charges for transferring US$1.03 billion into Good Star Ltd's accounts between Sept 30, 2009, and Oct 25, 2011.

Good Star, a company registered in Seychelles, is controlled by Low and had received funds which were allegedly diverted from a joint-venture between 1MDB and Petrosaudi International.

Low was also booked with two other money laundering charges together with associate Eric Tan Kim Loong.

Low and Tan's charges are in relation to the US$126 million (RM521 million) they allegedly received which were linked to the issuance of Islamic medium-term notes by the Terengganu Investment Authority (TIA) in May 2009.

In November, the US Department of Justice also indicted Low (in absentia), former Goldman Sachs banker Tim Leissner, and another ex-Goldman banker Roger Ng Chong Hwa on multiple criminal charges related to the 1MDB scandal.