KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) has been allowed by the High Court here to serve a writ of summons amounting to US$3.7837bil to the sister and younger brother of fugitive businessman Low Taek Jho, or Jho Low, who are currently abroad.
KUALA LUMPUR (July 17): A federal lawmaker said fugitive Penang businessman Low Taek Jho, also known as Jho Low, should return to defend himself and not seek a settlement for the purported crimes he is alleged to have committed in Malaysia and the US in relation to 1Malaysia Development Bhd (1MDB).
Fugitive financier Low Taek Jho (Jho Low), who is credited with masterminding the heist of billions of dollars from 1Malaysia Development Bhd (1MDB), has offered RM1.5 billion to the Malaysian Government to settle the charges against him, according to sources. However, the Malaysian Government has rejected the proposal, a source told The Edge
KUALA LUMPUR, May 25 Fugitive businessman Low Taek Jho or Jho Low and his father have failed to set aside a court order preventing them from transferring or dissipating any of.
KUALA LUMPUR: Fugitive businessman Low Taek Jho and his father have failed in their bid to set aside an ex-parte Mareva injunction involving assets worth RM9.86bil.