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Jho Low
1MDB Watch
MACC man disagrees Jho Low solely behind SRC looting
KUALA LUMPUR (Aug 23): The investigating officer (IO) probing the misappropriation of funds belonging to SRC International Sdn Bhd yesterday indicated that former prime minister Datuk Seri Najib Razak had more of an interest in the matter than businessman
August 23, 2019
In print this week
How the 'Big Flip' of 1MDB bonds happened in 2009
SINGAPORE (Feb 1): A Bloomberg newsbreak on how Low Taek Jho, or Jho Low, made millions from a 2009 bond sale has put the spotlight on the first debt issued by 1Malaysia Development Bhd (1MDB), when it was known as the Terengganu Investment Authority (TIA
February 01, 2019
1MDB Watch
Auditor-General's 1MDB report made public
SINGAPORE (May 21): On May 15, Malaysia’s national audit department announced that a formerly classified report on 1Malaysia Development Bhd had been reclassified as an open document. The audit department commenced its audit of 1MDB on March 10, 2015 us
May 18, 2018
1MDB Watch
Singapore authorities ready to assist further in 1MDB probe
SINGAPORE (May 16): Singapore authorities say they are fully prepared to extend further assistance to Malaysia's new government with their investigations into funds stolen from 1Malaysia Development Berhad (1MDB).
May 16, 2018
1MDB Watch
US judge denies request for Jho Low to hold on to seized superyacht
(Apr 4): The US$250 million ($327.7 million) yacht the Justice Department claims Malaysian financier Low Taek Jho bought with stolen government funds can be sailed from Indonesia to the US, a judge said.
April 04, 2018
1MDB Watch
US authorities probe 1MDB, Jho Low links to US$2.2 bil deal: WSJ
SINGAPORE (June 13): Malaysian businessman Low Taek Jho is alleged to have pocketed US$300 million ($415 million) in less than a week after funds illegally siphoned from 1Malaysia Development Bhd (1MDB) were used to finance the US$2.2 billion purchase of
June 13, 2017
1MDB Watch
Former remisier Kelvin Ang fined $9,000 in fifth 1MDB-related conviction
SINGAPORE (May 24): Kelvin Ang Wee Keng, a former remisier with Maybank Kim Eng, has become the fifth person convicted in Singapore for roles related to fund transfers linked to 1Malaysia Development Berhad (1MDB).
May 24, 2017
1MDB Watch
Ex-remisier Kelvin Ang fifth to be convicted in 1MDB-related probe
SINGAPORE (May 24): Kelvin Ang Wee Keng, a former remisier with Maybank Kim Eng, on Wednesday became the fifth person convicted in Singapore in connection to an ongoing probe involving 1Malaysia Development Berhad (1MDB).
May 24, 2017
1MDB Watch
'Wolf of Wall Street' producer in talks to settle 1MDB suit
LOS ANGELES (May 18): The producer of “The Wolf of Wall Street” is in talks with the US Justice Department to settle a lawsuit alleging the movie was funded by money siphoned from a Malaysian state investment fund.
May 18, 2017
1MDB Watch
US prepares to file criminal charges against alleged 1MDB mastermind Jho Low: report
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).
March 22, 2017