Jho Low proclaims his innocence on new website
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE man accused of looting billions from Malaysian investment fund 1MDB may be missing from the public eye, but he is not keeping quiet.
Low Taek Jho, wanted in Malaysia and Singapore and described by US prosecutors as orchestrating the theft of US$4.5 billion from 1MDB, is proclaiming his innocence on his website launched on Monday.
"With hindsight I may have done things differently, like any young person, but any mistakes I made do not amount to the sweepingly broad and destructive allegations being made against me," Low, 36, said in a signed letter on the site.
"Let me be clear: I am innocent."
Low, whose whereabouts are unknown, is described as a "global philanthropist, investor and entrepreneur" on the website. He has been charged in absentia in Malaysia with money laundering and Prime Minister Mahathir Mohamad has called on him to return to the South-east Asian country to help with the probe.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
"I have been paraded in effigy through the streets of Kuala Lumpur and photographs from my younger days plastered in tabloids across the globe," Low wrote.
"I only ask that everyone - courts, prosecutors and the general public - keep an open mind until all of the evidence comes to light." BLOOMBERG
Share with us your feedback on BT's products and services
TRENDING NOW
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
Aiming at China, Malaysia puts new restrictions on electric cars
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Temasek CEO Dilhan Pillay to chair Vertex as FY2025 profit tops US$100 million
