News about Jho Low

PETALING JAYA (Jan 22): The East Coast Rail Link (ECRL) may still continue after all, as Malaysia is still in negotiations with China over the project, a Malay Mail report quoted former Finance Minister Tun Daim Zainuddin as saying.

KUALA LUMPUR (Jan 11): Goldman Sachs may be on the hook for as much as US$5 billion (about RM20.

PUTRAJAYA (Jan 10): The government has been unable to find fugitive financier Low Taek Jho, also known as Jho Low, so far, but is confident of locating him by stepping up its search efforts, Tun Dr Mahathir Mohamad said today.

KUALA LUMPUR (Jan 9): Former member of disbanded American hip hop group Fugees, Pras Michel, has challenged a seizure by the US government of US$37.

KUALA LUMPUR (Jan 9): Fugitive businessperson Low Taek Jho, also known as Jho Low, has dismissed a Wall Street Journal (WSJ) report claiming that he had a role in facilitating deals with China to bail out 1MDB in 2016 in exchange for lucrative contracts.

  In response to the Wall Street Report that alleged former prime minister Najib Razak had signed major deals with China in return for a bailout for 1MDB debts and investigations from a number of countries, Finance Minister Lim Guan Eng said that the government will examine China-linked projects more closely for elements of corruption.

  The Malaysian government was in the midst of a swelling, multibillion-dollar graft scandal in 2016, when Senior Chinese leaders offered to help bail them out, according to minutes from previously undisclosed meetings, cited by The Wall Street Journal (WSJ).

  Citing people familiar with the case, The Washington Post reports that Leornardo Dicaprio secretly testified as part of the Justice Department’s expansive investigation into the 1Malaysia Development BHD (1MDB) scandal.

PETALING JAYA (Jan 4): The filings on 19 to 21 December 2018 by the Department of Justice (DOJ) in the United States District Court for the Central District of California confirmed many things - that the forfeiture action against the Equanimity by the United States of America had been publicised in accordance with the law; and Jho Low’s company Equanimity (Cayman) Ltd had filed a claim to the Equanimity in that action; and that all such claims to the Equanimity have now been withdrawn.

KUALA LUMPUR (Dec 18): The "fire sale" of luxury superyacht Equanimity, which will be transacted at half of its original price, is a failure that is to be blamed on the Malaysian government, claims fugitive financier Low Taek Jho (Jho Low).