Jho Low ready to meet MACC

PETALING JAYA: Low Taek Jho (pic), the central figure wanted in investigations over 1Malaysia Develop­ment Bhd (1MDB), has expressed interest in cooperating with the authorities in return for witness protection.

Sources said Low, better known as Jho Low, is prepared to meet with investigators in Dubai and has relayed this to the Malaysian Anti-Corruption Commission (MACC) through his lawyers.

The dates for the meeting in Dubai between MACC and Low’s lawyers have not been set.

The lawyers are from Kobre & Kim, a New York-based firm that specialises in cross-border investigations and disputes.

Meanwhile, an online news portal reported that Low’s lawyers had e-mailed MACC, seeking a meeting in Dubai.

Low has been reported to be the key figure instrumental in the outflow of funds raised by 1MDB to foreign countries.

The money was then allegedly used to purchase assets, including jewellery, paintings and other luxury items.

Dubai has been Jho Low’s safe haven and playground over the years.

He had been sighted there on numerous occasions since 2013, including meeting with top 1MDB officials and Malaysian politicians.

Low has also been known for throwing lavish parties and including the likes of celebrity socialite Paris Hilton as guest.

He was said to be trying to woo famous Taiwanese Mandopop singer Elva Hsiao.

A video of the purportedly private dinner with extravagant fireworks blazing to impress the singer when he “popped the question” made its round on social media and over YouTube.

Malaysian and Singaporean authorities have issued warrants for the arrest of Jho Low who had been on the wanted list since 2015, evading investigators probing into the siphoning of billions of ringgit from 1MDB.

1MDB was a fund that was backed by the Federal Government under Datuk Seri Najib Tun Razak.

The Malaysian authorities believe that Low had travelled to places such as China, Hong Kong, Taiwan and Macau, and several Middle East countries, including the United Arab Emirates, to evade arrest.

Last week, it was also reported in The Star that former SRC International director Datuk Suboh Md Yassin, who is on the wanted list, had surrendered to MACC after he returned from overseas.

He has been given full witness protection after his statement was taken.

SRC International is a subsidiary of 1MDB.

The firm was alleged to have transferred RM42mil into Najib’s bank account.