AmBank seeks to auction off property of Jho Low’s former aide Kee over RM1m loan
The bank has also requested that a reserve price be set by the court and a licensed auctioneer appointed to handle the sale.
1MDB's board of directors was used to make illegal transactions seem legal, says ex-director
KUALA LUMPUR (Nov 18): The board of directors in 1Malaysia Development Bhd (1MDB) was used to make illegal transactions seem legitimate as information given to them was misleading and concealed from them, said former 1MDB director Tan Sri Ismee Ismail (pictured).
High Court dismisses forfeiture of monies, Penang bungalow from Jho Low's mother
KUALA LUMPUR (Nov 8): The High Court has dismissed the government's forfeiture action against Puan Sri Goh Gaik Ewe — the mother of fugitive businessman Low Taek Jho — as the prosecution did not provide any evidence on how the assets were related to the commission of unlawful activities.
Court approves 1MDB’s application for substituted service in suit against Jho Low and five others
KUALA LUMPUR (Oct 6): 1Malaysia Development Bhd (1MDB) and its four subsidiaries received court approval on Wednesday to serve papers on fugitive financier Low Taek Jho (Jho Low) and five others by way of substituted service in a US$3.
Ex-1MDB company secretary confirms Jho Low attended special board meeting in 2009
KUALA LUMPUR (Sept 29): Fugitive financier Low Taek Jho (pictured), better known as Jho Low, attended a 1Malaysia Development Bhd (1MDB) special board meeting in 2009, although he was not a board member, the High Court was told on Wednesday.
Lawyers to apply for substituted service in 1MDB suit against Jho Low, his parents, Eric Tan
KUALA LUMPUR (Sept 14): After failing three times to hand over legal documents to their stipulated addresses in Malaysia, lawyers for 1Malaysia Development Bhd (1MDB) will be applying to the court to utilise substituted service to serve them to Jho Low (pictured), his parents Tan Sri Larry Low Hock Peng and Puan Sri Goh Gaik Ewe, and associate Eric Tan Kim Loong.
Jho Low was present at 1MDB board meeting, took call from Najib — witness
KUALA LUMPUR (Aug 12): Low Taek Jho, the fugitive businessman better known as Jho Low, had attended a 1Malaysia Development Bhd (1MDB) board meeting 12 years ago and even took a call from then prime minister Datuk Seri Najib Razak while at the meeting, the High Court was told today.
US DOJ: Over US$1 billion in misappropriated 1MDB funds now repatriated to Malaysia
US: (Aug 6): The Justice Department announced yesterday (Aug 5) that it has repatriated an additional US$452 million (RM1.
1MDB amends writ, files statement of claim to seek higher amount of US$3.8b from Jho Low and family
KUALA LUMPUR (July 14): 1Malaysia Development Bhd (1MDB) and its subsidiaries have amended their writ and filed a statement of claim to seek a total of US$3.
Najib fails in bid to obtain documents related to Goldman Sachs, Zeti's family and Jho Low
KUALA LUMPUR (July 12): Former premier Datuk Seri Najib Razak has failed in his bid to obtain a court order to compel the prosecution to supply him with documents relating to Goldman Sachs in his 1Malaysia Development Bhd (1MDB)-Tanore criminal trial.
