Chinese ambassador confirms Jho Low is not in China says Guan Eng

  • Nation
  • Saturday, 03 Nov 2018

Low Taek Jho and an official from 1MDB had hired Goldman Sachs Group to underwrite the US$1.75 billion bond offering.

KUALA LUMPUR: The Government is certain that fugitive businessman, Low Jho Teck or Jho Low is not in China.

Finance Minister Lim Guan Eng said he has verified the claim with the Chinese Ambassador who told him that no one of that name has entered or left the country.

"Unless he is using a different name on a different passport, there is no record of a person called Jho Low in China," he said at a post-budget press conference on Friday (Nov 2).

He said he is leaving the matter with authorities and added that nothing is going to stop Jho Low from facing charges in the United States.

On Friday, Prime Minister Tun Dr Mahathir Mohamad had also likened Jho Low to a mouse hiding from US and Malaysian authorities.

He was responding to reports that the US Department of Justice (DoJ) had charged two Goldman Sachs bankers and the fugitive businessman on Thursday (Nov 1) over the 1Malaysia Development Berhad (1MDB) scandal.

The US Justice Department had arrested former Goldman Sachs banker Ng Chong Hwa in Malaysia on Thursday (Nov 1), while ex-Goldman banker Tim Leissner, pleaded guilty to charges and agreed to pay US$43.7mil in restitution on ill-gotten gains.

The men were charged with conspiring to launder billions from 1MDB.

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