PETALING JAYA: Fugitive businessman Low Taek Jho, also known as Jho Low, is defiant despite criminal charges filed against him by the police for money laundering, saying he won't submit to any jurisdiction where guilt has been pre-determined.
PETALING JAYA: Police have filed criminal charges against Low Taek Jho, also known as Jho Low, and his father over money allegedly stolen from 1Malaysia Development Bhd (1MDB), The Edge reported Friday, quoting sources.
PETALING JAYA: Fugitive businessman Low Taek Jho, also known as Jho Low, has described Malaysia’s legal proceedings to quickly sell the Equanimity superyacht as a vindictive "sham”.
PETALING JAYA: A company linked to fugitive businessman Low Taek Jho, also known as Jho Low, which claims ownership of the Equanimity has claimed that it has received no legal notice on the sale of the superyacht.
KUALA LUMPUR: The court will hear the application for the disposal of the luxury yacht Equanimity today, a move, if successful, will mark the first effort by Malaysia to recover the billions diverted from the troubled 1Malaysia Develoment Bhd (1MDB).
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.
KLANG: The luxury yacht Equanimity, which was bought with funds diverted from 1Malaysia Development Bhd unlawfully, is not easily accessible for public viewing.
KUALA LUMPUR: The sale of the superyacht Equanimity should be expedited, according to a court order filed by 1Malaysia Development Bhd (1MDB) and three other parties.
PETALING JAYA: The Malaysian Institute of Accountants (MIA) wants to increase the penalty for accountants who flout the law by up to 10 times.
KPMG and Deloitte being investigated over 1MDB accounts