Jho Low insists won't stand trial in Malaysia

Modified 17 Dec 2018, 12:06 pm

Fugitive businessperson Low Taek Jho, who is wanted for allegedly masterminding the multi-billion theft of 1MDB funds, said he won't stand trial in Malaysia.

This was after attorney-general Tommy Thomas this morning announced that a criminal charge had been filed against Low.

Low's spokesperson, in a statement today, said the businessperson maintained his innocence.

"As has been stated previously, Low will not submit to any jurisdiction where guilt has been predetermined by politics and there is no independent legal process.

"It is clear that Low cannot get a fair trial in Malaysia, where the regime has proven numerous times that they have no interest in the rule of law," said the spokesperson.

The statement was released through Wells Haslem Mayhew Strategic Public Affairs, an Australia-based lobbyist group.

The attorney-general revealed that Low, along with former 1MDB employee Jasmine Loo Ai Swan, have been charged for the commissioning and abetment to misappropriate US$2.7 billion from three 1MDB bonds underwritten by Goldman Sachs.

The Attorney-General's Chambers has also filed criminal charges against Goldman Sachs' subsidiaries and its former employees Tim Leissner and Roger Ng Chong Hwa.

The charges were filed under Section 179 of the Capital Markets and Services Act 2007.

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