Govt knows Jho Low's whereabouts, says Daim

KUALA LUMPUR: The Government should be in the know on the whereabouts of fugitive Malaysian businessman Low Taek Jho, also known as Jho Low, said Tun Daim Zainuddin.

"The last time he was in Macau. I think the Government knows where he is," said the Council of Eminent Persons (CEP) chairman.

Daim also denied bringing up the topic about Low during his visit to China to renegotiate contracts and terms of financing entered into by the previous government with entities in that country.

"He (Prime Minister Tun Dr Mahathir Mohamad) appointed me as a special envoy (at that time) to pave a way for his visit there," Daim said on Monday.

He declined to comment further when questioned on Low's whereabouts.

Meanwhile, questioned if the Government can sell Low's superyacht Equanimity, Daim said the market is very limited as it is only affordable to the super rich.

He added that the maintenance cost is very high.

"Jho Low can afford it because it's not his money. But if it's your own money, you need to think very carefully. I have not seen it but I hear it's magnificent," he said.