News about Jho Low

KUALA LUMPUR (April 7): Former attorney general Tan Sri Mohamed Apandi Ali (pictured) testified yesterday that he classified the investigation into 1Malaysia Development Bhd (1MDB) as NFA (no further action) in 2016 because several key witnesses, including fugitive financier Jho Low, had absconded.

KUALA LUMPUR (April 5): The prosecution should not have sought the forfeiture of a bungalow in Tanjung Bungah, Penang owned by Puan Sri Goh Gaik Ewe, the mother of fugitive financier Low Taek Jho, as it has nothing to do with 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (March 25): The High Court here has allowed the government to forfeit and seize approximately RM49 million in cash assets belonging to Tan Sri Larry Low Hock Peng, father of missing businessman Low Taek Jho, who is better known as Jho Low.

KUALA LUMPUR (March 24): Former prime minister Datuk Seri Najib Razak (pictured) is seeking a court order to obtain bank statements and other related documents of companies believed to be related to Low Taek Jho — also known as Jho Low — who is the purported mastermind of the 1Malaysia Development Bhd (1MDB) financial scandal.

KUALA LUMPUR (March 16): The High Court here today allowed for the apartment previously belonged to 1Malaysia Development Bhd's (1MDB) former general counsel Jasmine Loo Ai Swan to be auctioned off.

KUALA LUMPUR (Feb 16): Former 1MDB chief executive officer Mohd Hazem Abdul Rahman (pictured) has denied being involved in the US$3 billion fundraising exercise undertaken by the state fund in 2012, contradicting an earlier statement by his predecessor Datuk Shahrol Azral Ibrahim Halmi.

KUALA LUMPUR (Feb 15): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman (pictured) testified today that while he was told that 1MDB was used to fund Umno, during his tenure, he had seen no such evidence of money from the government investment fund benefitting Umno or former prime minister Datuk Seri Najib Abdul Razak.

KUALA LUMPUR (Feb 15): Despite being aware of possible elements of criminal wrongdoing in 1Malaysia Development Bhd (1MDB), its former chief executive officer (CEO) said he went along with the instructions given to him by purported master conspirator Low Taek Jho (Jho Low) as the ex-CEO was fearful of then prime minister Datuk Seri Najib Razak.

KUALA LUMPUR (Feb 15): Several 1Malaysia Development Bhd (1MDB) meetings involving senior officials were held at purported master conspirator Low Taek Jho's apartment as he could not be seen at the government fund’s office giving advice, the High Court heard today.

KUALA LUMPUR (Feb 11): Fugitive businessman Low Taek Jho's (Jho Low) name was not documented in the Cabinet minutes dated Sept 8, 2010 or in the supporting 14 Cabinet papers that same week, where it was revealed that the "donation" from Prince Saud Abdulaziz Al-Saud to 1Malaysia Development Bhd's (1MDB) charity arm Yayasan 1MDB was to be made but should remain confidential.