High Court allows RM48mil seizure from accounts of Jho Low's father


  • Nation
  • Friday, 19 Jul 2019

Located in the coveted Bird Streets on a pie-shaped promontory known as the Crown, the 1.2-acre complex was famously owned by Jho Low.

KUALA LUMPUR: The High Court here has allowed the Federal Government to seize RM48mil from the bank accounts of Tan Sri Larry Low Hock Peng, the father of fugitive businessman Low Taek Jho or better known as Jho Low.

Justice Mohamed Zaini Mazlan made the ruling on Friday (July 19) in favour of the application from Deputy Public Prosecutor Aaron Chelliah after no third party turned up to contest the forfeiture of monies worth over RM48mil from seven bank accounts belonging to Hock Peng.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Sanusi apologises to Anwar for making any inappropriate remarks
Don't make comparisons to previous govt, says Dr Wee on country's press freedom ranking
Two more cops nabbed over RM1.25mil extortion case
Number of Kota Tinggi flood victims up to 300
Issue warning, not RM250,000 fine for first-time 'no palm oil' label offences, urges Mydin boss
Anwar attends development meeting in Kedah
Pejuang to make its presence felt in Sabah polls, says Mukhriz
Perak govt mulls postponing upgrade of Teluk Intan's leaning tower to next year
Foreign media reports on fuel price hike not true, Cabinet yet to discuss, says Fahmi
More racial interaction needed to stamp out extremist views, says Umno VP

Others Also Read