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Low Taek Jho (Jho Low)
1MDB Watch
Goldman Sachs could wind up paying twice for 1MDB
MUMBAI (Nov 28): Goldman Sachs may wind up paying twice for 1MDB. Abu Dhabi's sovereign fund is suing the US investment bank in New York for its role in the Malaysian fund scandal. The damages sought could exceed Goldman's average annual net profi
November 28, 2018
1MDB Watch
Jho Low's presence at 1MDB meeting was erased from audit report
(Nov 25): Malaysian financier Low Taek Jho’s appearance at a 1MDB board meeting was scrubbed from a government’s audit report on the troubled state firm, the auditor general said.
November 25, 2018
1MDB Watch
Najib admits Jho Low cheated government
KUALA LUMPUR (Nov 23): Former prime minister Datuk Seri Najib Razak admitted in an interview yesterday that the Malaysian government has been cheated by Low Taek Jho, also known as Jho Low, in the 1Malaysia Development Bhd (1MDB) scandal.
November 23, 2018
1MDB Watch
Leissner cites Goldman's culture in concealing 1MDB scheme
(Nov 12): Goldman Sachs’s former top banker in Asia says the culture of secrecy at the investment bank led him to conceal wrongdoing from the company’s compliance staff.
November 12, 2018
1MDB Watch
Goldman's Solomon says he finds 1MDB breaches 'distressing'
SINGAPORE (Nov 7): Goldman Sachs Group Inc Chief Executive Officer David Solomon said he felt “horrible” about the role former bank employees played in the scandal surrounding Malaysia’s 1MDB fund.
November 08, 2018
1MDB Watch
Malaysia starts auction of Jho Low's $250 mil luxury yacht
(Oct 29): Malaysia started an auction of financier Low Taek Jho’s US$250 million ($345 million) luxury yacht that investigators allege was bought with funds embezzled from investment company 1Malaysia Development Bhd.
October 29, 2018
1MDB Watch
Accused 1MDB mastermind Jho Low proclaims innocence on new website
KUALA LUMPUR (Sept 17): The man accused of looting billions from Malaysian investment fund 1MDB may be missing from the public eye, but he's not keeping quiet.
September 17, 2018
1MDB Watch
Jho Low bought Ferrari for Kim Kardashian with 1MDB money
SINGAPORE (Sept 14): Malaysian fugitive businessman Low Taek Jho (Jho Low) allegedly gifted Kim Kardashian and her ex-husband Kris Humpries a US$325,000 Ferrari using money misappropriated from 1Malaysia Development Berhad (1MDB) accounts.
September 14, 2018
1MDB Watch
Gary Cohn backed Goldman Sachs' dealings with 1MDB, book says
(Sept 14): Former Goldman Sachs Group Inc. President Gary Cohn backed the US bank’s dealings with embattled Malaysian state fund 1MDB while executives who questioned the transactions were sidelined, according to a new book.
September 14, 2018
1MDB Watch
Singapore orders return of $15.3 mil in 1MDB-linked funds to Malaysia
SINGAPORE (Sept 10): 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 neighbour following a globe-spanning probe.
September 10, 2018