Jho Low instructs lawyers to contact MACC
Businessperson Low Taek Jho is ready to offer his assistance to the MACC.
In a statement, a spokesperson said Low, who is better known as Jho Low, had instructed his lawyers to contact the anti-graft body...
Businessperson Low Taek Jho is ready to offer his assistance to the MACC.
In a statement, a spokesperson said Low, who is better known as Jho Low, had instructed his lawyers to contact the anti-graft body.
“Through media reports dated June 7, 2018, Mr Low was made aware of the MACC requesting his assistance.
"Following this, Mr Low immediately instructed his lawyers to make contact with the MACC today with respect to offering such assistance," the brief statement read.
The MACC had earlier today said it was seeking Low and lawyer Nik Faisal Ariff Kamil to assist in their investigations on SRC International Sdn Bhd.
SRC International is a former 1MDB subsidiary, and it is alleged that RM42 million from the firm had been misappropriated and channelled into former prime minister Najib Abdul Razak's accounts.
Low is also a key figure in the 1MDB scandal.
The US Department of Justice (DOJ) claimed in its suits that Low was involved in multiple instances where 1MDB funds were allegedly misappropriated.
He is accused of having used 1MDB funds to purchase superyacht the Equanimity; jewellery for model Miranda Kerr; and also a US$27.3 million pink diamond necklace for the wife of Malaysian Official 1 (MO1).
The DOJ claimed the pink diamond was purchased using US$620 million that MO1 claimed to have returned to an royal Arab donor, but was instead channelled to accounts allegedly controlled by Low.
MO1 has been identified as Najib.

