Jho Low condemns seizure of RM48mil from father's bank accounts

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

PETALING JAYA: Fugitive businessman Low Taek Jho, or better known as Jho Low, has slammed the government for seizing RM48mil from the bank accounts of his father, Tan Sri Larry Low Hock Peng.

"This seizure - much like the Mahathir regime’s recent attempts to seize the Low family home of 20 years - further demonstrates the regime’s shameful strategy of targeted harassment and willingness to abandon proper procedures," according to his spokesman in a statement released on Friday (July 19).