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Nation 01 Nov 2019 | 7:00 AM Premium

Low strikes deal with DoJ

KUALA LUMPUR: The United States Department of Justice (DoJ) has reached a settlement to recover assets worth more than US$700mil (RM2.92bil) acquired by fugitive businessman Low Taek Jho, or Jho Low, and his family using funds allegedly misappropriated from 1Malaysia Development Bhd (1MDB).In a statement, the DoJ said the assets are located in the United States, the United Kingdom and Switzerland.

Nation 07 May 2019 | 12:00 AM Premium

RM15.5mil on maintenance, says AG

PETALING JAYA: About RM15.5mil was spent on maintaining super­yacht Equanimity from August last year until its delivery to Genting Malaysia Bhd last month, says Attorney General Tommy Thomas.

Business 08 Apr 2019 | 8:45 AM Premium

Moody's: GentingM, GentingS capital spending can be met by existing cash flow

KUALA LUMPUR: Moody's Investors Service expects the increase in capital spending at Genting Bhd's key subsidiaries -- Genting Malaysia and Genting Singapore, can be met by their existing cash and operating cash flows.

Nation 04 Apr 2019 | 12:00 AM Premium

Jho Low: Pakatan’s sale price for Equanimity too low

PETALING JAYA: Fugitive businessman Low Taek Jho has hit out at the Pakatan Harapan administration over the sale of Equanimity, saying that its sale price was too low.