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NYC’s Park Lane Hotel Stake Sold as Part of 1MDB Recovery

NEW YORK (Bloomberg): A stake in New York’s Park Lane Hotel has been sold to an Abu Dhabi sovereign wealth fund as part of the U.S. Justice Department’s efforts to recover billions of dollars that flowed through Malaysia’s scandal-plagued 1MDB investment fund.

Dr M: Malaysia will only seek return of Jho Low's jet if it is worthwhile

KUALA LUMPUR: Malaysia will only seek to bring back the US$35mil (RM146mil) business jet linked to fugitive businessman Low Taek Jho if it is worthwhile, says Tun Dr Mahathir Mohamad.

Pic taken from the web

US court reportedly approves sale of Jho Low's jet

PETALING JAYA: A US court has reportedly approved an agreement between US Department of Justice (DoJ) and the claimant Global One Aviation (Global 5000) Ltd for permission to start a bidding process to sell a jet linked to fugitive businessman Low Taek Jho.

Govt in talks with relevant authorities to bring Jho Low's jet to Malaysia

KUALA LUMPUR: Malaysia is in talks with the relevant authorities to bring controversial businessman Low Taek Jho's private jet to Malaysia.

Singapore orders return of first batch of pilfered 1MDB money

SINGAPORE: Singapore ordered millions of dollars misappropriated from the beleaguered 1MDB to be returned to Malaysia, the first time the city-state has repatriated assets to its neighbor following a globe-spanning probe.

Local firm keen to house jet for free

PETALING JAYA: A local aviation maintenance company is keen to house the Bombardier Global 5000 jet, owned by fugitive financier Low Taek Jho, in its facilities for free when the plane is brought back to the country from Singapore.

A Bombardier Global 5000 aircraft, similar to Jho Low’s, at a Singapore airshow. — The Straits Times

RM3.5mil in airport bill

PETALING JAYA: Malaysia will have to cough up at least RM3.5mil to bring the Global 5000 private jet that belongs to fugitive Low Taek Jho, better known as Jho Low, back to Malaysia.

No plane sailing: The Bombardier Global 5000 jet parked on the tarmac of Seletar airport in Singapore. — AFP

Dr M: CEP’s services still needed

KUALA LUMPUR: The Council of Eminent Persons (CEP) will not be dissolved as its services are still needed, says Prime Minister Tun Dr Mahathir Mohamad

Heart of the matter: Dr Mahathir with Tun Dr siti Hasmah Mohd Ali being briefed on the facilities at Cardiac Vascular Sentral Kuala Lumpur. — Bernama

Dr M: Jho Low's jet to be brought back when airworthy

PUTRAJAYA: The private jet belonging to fugitive businessman Low Taek Jho, also known as Jho Low, will be brought back to Malaysia “as soon as it can fly”, said Tun Dr Mahathir Mohamad.

A Bombardier Global 5000 aircraft, similar to Jho Low’s, at a Singapore airshow. — The Straits Times

‘We want your jet now, Jho Low’

SERDANG: With Low Taek Jho’s US$250mil (RM1.02bil) superyacht secure in Malaysian custody, Tun Dr Mahathir Mohamad is now turning his attention to the fugitive businessman’s US$35mil (RM143mil) private jet.

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