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Jho Low's Sister, Close Associate Fail to Appear in Court, Ordered to Pay US$2.8bil to 1MDB
The Kuala Lumpur High Court ruled the defendants failed to contest claims, ordering US$3.6 billion in payments for misappropriated 1MDB funds, supported by extensive documentary evidence.
Summary by New Strait Times
9 Articles
9 Articles
Court orders Jho Low's sister and associate to pay RM11.58bil to 1MDB
KUALA LUMPUR: The High Court here has ordered the sister of fugitive businessman Low Taek Jho and his close associate Eric Tan to pay close to US$2.8bil (RM11.58bil) to 1Malaysia Development Bhd (1MDB) over "tainted proceeds" that belonged to the sovereign wealth fund.
·Malaysia
Read Full ArticleJho Low's sister, close associate fail to appear in court, ordered to pay US$2.8bil to 1MDB
KUALA LUMPUR: The High Court today ordered Low Taek Jho’s close associate Tan Kim Loong and his sister Low May Lin to pay almost US$2.8 billion to 1Malaysia Development Bhd (1MDB) for their roles in receiving and concealing misappropriated funds.
·Malaysia
Read Full ArticleCoverage Details
Total News Sources9
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
Factuality
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