Jho Low indirectly loaned RM70,000 to TIA, court told


KUALA LUMPUR: Fugitive businessman Low Taek Jho, known as Jho Low, loaned RM70,000 to Datuk Shahrol Azral Ibrahim Halmi in 2009, in order to increase the share capital of Terengganu Investment Authority Bhd (TIA).

The funds were deposited straight into Shahrol’s account, the High Court heard yesterday during former prime minister Datuk Seri Najib Razak’s 1MDB corruption trial.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
1MDB , Low Taek Jho , Jho Low , court , Najib Razak

Next In Nation

Government working with Foreign Ministry to locate missing firefighters in Nepal
Fire breaks out at Kampung Numbak stilt houses
69�foreigners nabbed in Kulai for immigration offences
Red Crescent appeals for aid to help flood victims
‘Mental health support for the young needs to be strengthened’
Animals and plants also affected by air pollution
PH open to cooperation
Poultry farms remain resilient despite conditions
Cops probing�illegal investment scheme�angle
Desperate wait for news of Malaysians in Nepal

Others Also Read