Jho Low was a shadow director of 1MDB, wealth fund says in reply to fugitive's statement of defence

KUALA LUMPUR: Fugitive businessman Low Taek Jho, better known as Jho Low, was the shadow director of 1Malaysia Development Bhd (1MDB) and its subsidiaries as he ran it as a proxy of Datuk Seri Najib Razak, the company claims.

The sovereign wealth fund made the assertion in a reply to Low's statement of defence in a lawsuit is filed with four subsidiaries against Low and five others.