NEW YORK: Low Taek Jho, the alleged mastermind of the looting of Malaysia’s 1MDB fund, was ordered to forfeit a trio of "flawless” diamonds he bought for his mother that were from the jeweler who’s designed for celebrities like Beyonce and Adele. A federal judge in Los Angeles on Monday ordered the fugitive Malaysian financier, known...
KUALA LUMPUR: The High Court here was told that Datuk Seri Najib Razak never directed 1Malaysia Development Bhd (1MDB) to transfer US$1.03bil to a company linked to fugitive businessman Low Taek Jho, also known as Jho Low. Malaysian Anti-Corruption Commission (MACC) senior officer Nur Aida Arifin said 1MDB’s top management was responsible for the transactions between...
KUALA LUMPUR: Former 1Malaysia Development Bhd (1MDB) general counsel Jasmine Loo told the High Court that she became a fugitive for five years after Low Taek Jho, or Jho Low, swore to make her life "a living hell" if she returned to Malaysia. In an explosive testimony, the 50th prosecution witness finally told her tale of...
KUALA LUMPUR: Former 1Malaysia Development Berhad (1MDB) general counsel Jasmine Loo Ai Swan told the High Court here on Tuesday (Feb 13) that she once worked at UBG Berhad, a company owned by fugitive businessman Low Taek Jho or Jho Low, with a monthly salary of about RM45,000, including vehicle allowance, fuel allowance, and travel...
KUALA LUMPUR: The High Court was told that fugitive businessman Low Taek Jho had ordered one of his close associates to prepare an Arab donation letter to justify monies that were funnelled into Datuk Seri Najib Razak's bank account. Former 1Malaysia Development Bhd (1MDB) general counsel Jasmine Loo testified that she had seen a draft of...
PUTRAJAYA: The Court of Appeal has fixed Dec 12 to give its verdict on Sultanah of Terengganu Sultanah Nur Zahirah’s appeal in her defamation suit against Sarawak Report editor Clare Rewcastle-Brown and two others. A three-member bench comprising Justices Datuk Hadhariah Syed Ismail, Mohamed Zaini Mazlan and Datuk Azhahari Kamal Ramli set the date after hearing...
KUALA LUMPUR: An analyst from Bank Negara Malaysia (BNM) told the High Court here on Tuesday (Sept 19) that a personal account belonging to Datuk Seri Najib Tun Razak received US$30mil from a shell company, Blackstone Asia Real Estate Partners, purportedly set up by fugitive businessman, Low Taek Jho or Jho Low. Adam Ariff Mohd Roslan,...
KUALA LUMPUR: Former Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz told the High Court that the central bank took seven years to discover that some US$700mil from 1Malaysia Development Bhd (1MDB) coffers were diverted to Good Star Ltd, a company linked to Low Taek Jho or Jho Low. Zeti said, however, that this span...
Leonardo DiCaprio took the stand on Monday (April 3) to testify about his relationship with accused billionaire Jho Low in a federal trial against Fugees member Pras Michel. The 48-year-old actor is not accused of anything. However, Jho has allegedly embezzled money from Malaysia, and Pras is believed to have been one of several people who helped him funnel it via political donations while...
