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Jho Low owns firm linked to 1MDB scandal

Source with knowledge of regulatory investigation says that Malaysian financier Low Taek Jho was sole owner of Good Star during its five years as a company

Kuala Lumpur

FOR the past year, the Malaysian government has said that a company called Good Star Ltd, which received US$1.03 billion from the scandal-hit 1Malaysia Development Bhd (1MDB) investment fund, was owned by the fund's joint venture partner, PetroSaudi International Ltd.