Low Taek Jho (Jho Low)

Jho Low remains a wanted man: Singapore police

SINGAPORE (Jan 10): Low Taek Jho remains a wanted man by Singapore, confirmed a Singapore Police Force spokesman on Jan 10.

This confirmation is made after The Straits Times published an extensive interview where Low maintains that he was merely an intermediary of the 1MDB-related fund flows and not the mastermind as he is alleged to be.

Jho Low, as he is better known, was put on the Interpol Red Notice by Singapore back in October 2016, after investigations commenced on 1MDB-related fund flows involving Singapore-based banks.

Malaysia's Mahathir hopeful of 1MDB settlement with Goldman soon

KUALA LUMPUR (Dec 10): Malaysian Prime Minister Mahathir Mohamad is hopeful of reaching an out-of-court settlement with Goldman Sachs  over the 1MDB scandal soon, but that compensation of “one point something billion” dollars offered by the bank was too small.

The Southeast Asian nation has charged Goldman and 17 current and former directors of its units for allegedly misleading investors over bond sales totaling US$6.5 billion ($8.8 billion) that the U.S. bank helped raise for sovereign wealth fund 1Malaysia Development Bhd (1MDB).

Najib takes stand, denies everything

SINGAPORE (Dec 9): On Dec 3, former Malaysian prime minister Najib Abdul Razak took the stand as the first witness in his trial for seven counts of abuse of power, criminal breach of trust and money-laundering of RM42 million from SRC International, a subsidiary of the beleaguered 1Malaysia Development Bhd (1MDB).

For the first time in the country’s history, a former premier is in the docks and giving sworn testimony in his defence. Najib is on trial for what is believed to be the biggest and most wide-ranging graft scandal in recent years.

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US DOJ reaches civil settlement with Jho Low but key 1MDB figure remains a fugitive

SINGAPORE (Nov 4): The United States Department of Justice (DOJ) has recovered the assets acquired by Low Taek Jho, aka Jho Low, the fugitive businessman wanted in relation to the 1Malaysia Development Bhd (1MDB) scandal.

The assets, located in the US, the UK and Switzerland, are estimated to be worth more than US$700 million ($950 million), and were allegedly misappropriated from 1MDB. With the recovery of these assets, the civil forfeiture cases brought against Low come to a close, three years after the DOJ made a claim for the assets.

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Jho Low reaches settlement with US DoJ, to forfeit US assets worth US$670 mil

SINGAPORE (Oct 30): Low Taek Jho, the alleged mastermind behind the 1MDB saga, has reached a settlement with the US Department of Justice in respect of the civil forfeiture proceedings brought against him, The Edge Singapore understands.

Under terms of the settlement, Jho Low, as he is more popularly known, is willing to have all his assets in the US forfeited. The assets are valued conservatively at US$670 million ($913 million).

Goldman Sachs wants 1MDB money returned to Malaysians

SINGAPORE (Sept 30): Amid what has turned out to be a week of explosive revelations from a former CEO of the troubled 1Malaysia Development Berhad (1MDB), investment bank Goldman Sachs Group now wants to make amends for its role in the scandal that saw RM2.6 billion siphoned out of Malaysia’s public coffers.

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Najib asked aide, Jho Low to cut rail and pipeline deals with China to bail out 1MDB, SRC

KUALA LUMPUR (Sept 4): Former prime minister Datuk Seri Najib Razak had told his special officer and fugitive financier Low Taek Jho, aka Jho Low, to cut infrastructure deals involving rail and gas pipelines with China's state-owned enterprises to bail 1Malaysia Development Bhd (1MDB) out of its mounting debts, said a key witness in the 1MDB-Tanore trial today.

Amhari: Jho Low told me, Azlin to open BSI accounts to win Penang in GE13

KUALA LUMPUR (Sept 4): At least two overseas bank accounts were opened and managed by Low Taek Jho to place political funds on behalf of Datuk Seri Najib Razak to help Barisan Nasional win Penang in the 13th General Election (GE13), the High Court was told today.

Najib's former special officer Datuk Amhari Efendi Nazaruddin revealed in court today that Low, also known as Jho Low, had approached him and his then-superior in the Prime Minister's Office (PMO), the late Datuk Azlin Alias, to use their names to open two accounts in Swiss bank BSI back in 2012.

1MDB witness says Jho Low held 'extraordinary powers'

(Sept 3): Former Malaysian leader Najib Razak is facing the biggest set of charges yet in his second 1MDB trial, which is set to shed light on the troubled state fund’s billion-dollar bond deals and acquisitions.

'Jho Low was Najib's alter ego, mirror image'

(Aug 29): This case concerns the monies of a company called 1Malaysia Development Bhd, widely known as 1MDB.

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