Low Taek Jho (Jho Low)

This article appears in Issue 1160 (week of May 1) of The Edge Malaysia which is out this week

SINGAPORE (March 22): The noose is tightening around Malaysian businessman Low Taek Jho – the alleged mastermind behind the multibillion-dollar scandal over state fund 1Malaysia Development Berhad (1MDB).

SINGAPORE (March 14): The trial of former BSI wealth planner Yeo Jiawei over money-laundering charges linked to Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) has been postponed.

SINGAPORE (March 13): The Monetary Authority of Singapore plans to slap lifetime ban on two former private bankers for their roles in helping money transfers linked to scandal-hit 1Malaysia Development Berhad.

KUALA LUMPUR (Feb 23): A US federal judge has given the green light for the US Department of Justice (DoJ) and New York developer Steven Witkoff’s proposed plan to sell the Park Lane Hotel, The Wall Street Journal (WSJ)reported.

(Feb 14): Trusts that hold hundreds of millions of dollars in assets the US claims Malaysian financier Low Taek Jho acquired with money siphoned out of a state investment fund are asking a judge to let them file late claims in the Justice Department’s f

(Feb 6): The US Department of Justice (DoJ) has made a move to oust Low Taek Jho, better known as Jho Low, from a group that owns the financially troubled Park Lane Hotel in New York, The Wall Street Journal (WSJ) reported.

SINGAPORE (Feb 6): Singapore has reportedly seized a US$35 million ($50 million) private jet belonging to 1MDB mastermind Low Taek Jho, also known as Jho Low.

SINGAPORE (Jan 11): Jens Fred Sturzenegger, the former branch manager of Falcon Private Bank in Singapore, was sentenced to 28 weeks’ jail and fined $128,000 for offences related to the illegal movement of money involving 1Malaysia Development Berhad (1

SYDNEY (Jan 10): The Australian Federal Police (AFP) said on Tuesday they are working with international law enforcement agencies to investigate companies associated with Malaysia's scandal-hit sovereign wealth fund.