Skip to content

Court allows forfeiture of RM48 million from accounts of Jho Low’s father

July 19, 2019

* Singapore to return US$40 million linked to 1MDB scandal
*
High Court allows govt to seize RM48 million from Jho Low’s dad, no contest in forfeiture bid
*
Law of jungle in Dr M’s regime, rues Jho Low after ruling on dad’s accounts 

The High Court in Kuala Lumpur today allowed the seizure of more than RM48 million from the bank accounts of Larry Low, the father of fugitive 1MDB-linked businessperson Low Taek Jho.

Judge Mohamed Zaini Mazlan ruled in favour of the application from deputy public prosecutor Aaron Chelliah after no third party appeared to stake a claim on the assets.

Larry Low was absent from the open court proceedings this morning. An arrest warrant has been issued against him.

It was reported on April 19 that the court set a three-month notice period for any third party to contest the forfeiture bid.

LINK

From → Malaysia Upclose

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: