Jho Low still involved in affairs of his Hong Kong companies


Fugitive businessman Low Taek Jho is the CEO of Hong Kong-based private equity investment and advisory firm Jynwel Capital.

HONG KONG: Fugitive businessman Low Taek Jho has been actively involved in the affairs of his two Hong Kong-registered companies, even with Malaysian authorities in hot pursuit of him across several countries, the Post has learned.

Meanwhile, his business associate Seet Li Lin, said to be Singaporean, is living in Hong Kong and is connected to a Shanghai consulting firm owned by one of 37-year-old Low’s companies.

Jho Low, as he is widely known, is a key figure in an international money laundering investigation related to the alleged misappropriation of US$4.5 billion (HK$35.1 billion) from Malaysian sovereign wealth fund 1MDB. - SCMP

 

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