The Business Times
business-time-50
SUBSCRIBERS

Jho Low denies claims of wrongdoing linked to 1MDB

He says attempts to link him to recent guilty pleas in 1MDB probes are based on 'unfounded assumptions'

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jul 13, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    MALAYSIAN financier Low Taek Jho said attempts to link him to recent guilty pleas in the probes related to 1Malaysia Development Bhd (1MDB) are based on "unfounded assumptions", in response to Singapore prosecutors charging that he had used money traceable to the state fund for his own benefit.

    He is the central figure in investigations linked to the strategic development company wholly owned by the government of Malaysia, and has received "huge" sums, the prosecutors said in court filings made public on Wednesday.

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

    Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

    The price tag for the Nassim Road GCB works out to nearly S$4,550 per square foot.

    Nassim Road bungalow changing hands for S$64.9m 

    The acquisition of Citigroup's retail banking businesses in Indonesia, Malaysia, Thailand and Vietnam has helped double UOB’s customer base across the four markets.

    UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates

    Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

    Loyang Valley sold for S$880 million to SingHaiyi-led consortium

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More