KUALA LUMPUR: A company believed to be linked to fugitive businessman Low Taek Jho received US$8.99mil in “kickbacks” for a US$91mil investment made by Aabar-SRC into a coal mining project in Mongolia, the High Court heard.
Offshore asset recovery specialist Angela Barkhouse said Low, better known as Jho Low, set up Blackstone Asia Real Estate Partners (BVI), a shell company with a name similar to real estate private equity firm Blackstone Real Estate.
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