PETALING JAYA: A boutique hotel, with 116 rooms, a rooftop pool and jet-setting clientele, owned by fugitive Malaysian financier Low Taek Jho who is involved in the 1Malaysia Development Berhad (1MDB) scandal, is up for sale for over US$100mil (RM427mil), reports the New York Times.
According to the report on Friday (July 3), the previous owner spent US$40mil (RM170mil) on renovations before becoming an international fugitive. The asking price for the hotel is over US$100mil (RM427mil).
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
