Backbencher suggests RM10mil bounty for Jho Low


KUALA LUMPUR: A government backbencher has suggested offering a RM10mil bounty for fugitive billionaire businessman Low Taek Jho, also known as Jho Low.

Chong Zhemin (PH-Kampar) said the government could consider the proposal and form a Royal Commission of Inquiry (RCI) to review the settlement agreement signed between Goldman Sachs and the government in order to find closure on the issue.

"I would like to give this proposal and I am sure that many will agree with this; can the government put a bounty as a reward for Jho Low's capture. RM1mil or RM10mil is fine, because the amount is less than the billions we have lost," said Chow.

"If we manage to capture Jho Low, only then will we know what truly happened during the 1MDB scandal," he added while debating the Supplementary Supply Bill 2024 at the committee stage in Parliament on Wednesday (March 20).

The settlement agreement signed in August 2020 between the Malaysian government and Goldman Sachs required Goldman Sachs to pay US$2.5bil in cash and provide the government of Malaysia with a US$1.4bil asset recovery guarantee.

Datuk Awang Hashim (PN-Pendang) then interjected, saying that if Chow wanted to know about the Goldman Sachs agreement, he could perhaps ask Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz directly as he was the Finance Minister then.

"He is now together with you at the government bloc," said the Pendang MP.

Earlier, Datuk Seri Takiyuddin Hassan (PN-Kota Bharu) cited Standing Order 23 (1) (g), and said that any matters on trial by the courts cannot be debated by the House because it may influence the outcome of the judgement.

However, Deputy Speaker Datuk Ramli Mohd Nor ruled that the matter can be debated as long as Chow did not touch on the specific details of the 1MDB court case.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Dewan Rakyat , Debate , Bounty , RM10mil , 1MDB , Jho Low

   

Next In Nation

RMN anniversary marked with remembrance and resilience, says Mohamed Khaled
Melaka govt launches measures to boost technological advancement among locals
WEF Special Meet: Personal invite shows close bond between Crown Prince Mohammed, Anwar, says envoy
Umno, BN open to maintaining current political setup for national stability, says Zahid
KKB by-election: voters should choose stability, says Fadillah
Bomba extinguishes blaze that razed 40% of Pasir Gudang palm oil factory
Replanting of ageing oil palm crops in Sabah urgently needed, says Malaysian Oil Palm Association
Copter tragedy: Turkiye President conveys condolences to victims's families, says Anwar
Sabah on track to reach 2.8 million tourist arrivals target, says Liew
Genting denies involvement in any Johor casino talks

Others Also Read