Jho Low opened company account three months before receiving US$700mil of 1MDB funds, court told

KUALA LUMPUR: An analyst from Bank Negara has told the High Court here that fugitive businessman Low Taek Jho or Jho Low (pic) opened a Swiss bank account for his company Good Star Ltd, three months before the entity received US$700mill of 1Malaysia Development Berhad's (1MDB) funds in 2009.

Adam Ariff Mohd Roslan, 34, said Jho Low opened Good Star's bank account on June 11, 2009, and the company received US$700mil on Sept 30, 2009.