KUALA LUMPUR: Fugitive businessman Low Taek Jho, or Jho Low, was the shadow director of 1Malaysia Development Bhd (1MDB) and its subsidiaries as he ran the company as a proxy of former prime minister Datuk Seri Najib Razak, the company claimed.
The sovereign wealth fund made the assertion in a reply to Low’s statement of defence in a lawsuit it filed with four subsidiaries against Low and five others.
