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1MDB: Jho Low agrees to return US 1bln in a deal with the US
The US Justice Department yesterday reached a settlement deal with Malaysian financier Jho Low to recover almost US$1 billion in funds the fugitive and his family had misappropriated from Malaysian investment fund, 1MDB. High-level officials of 1MDB and associates including
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1MDB board was unaware of US$1 bil JV fund split
KUALA LUMPUR: The High Court today was told that the 1Malaysia Development Berhad (1MDB) board of directors (BOD) was not informed about the decision to split the US$1 billion meant for 1MDB-PetroSaudi International Ltd (PSI) joint venture (JV) into US$300
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Jho Low never utilised any funds in Najib’s accounts
KUALA LUMPUR: The High Court here today heard that fugitive businessman Low Taek Jho or Jho Low never utilised any of the funds in Datuk Seri Najib Tun Razak’s three current accounts and therefore did not gain anything by depositing
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Shahrol: Jho Low has ties with influential people around the world
KUALA LUMPUR: Fugitive businessman Low Taek Jho or Jho Low was able to arrange meetings with some leading figures in the world, the High Court was told today. Former 1Malaysia Development Berhad (1MBD) chief executive officer (CEO) Datuk Shahrol Azral
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I lacked experience on financial matters, Jho Low knows it, says 1MDB ex-CEO
KUALA LUMPUR:1Malaysia Development Berhad (1MDB) former chief executive officer (CEO) told the High Court today that he did not have the chance to tell the then Yang Di-Pertuan Agong, Sultan Mizan Zainal Abidin that he had no experience in financial
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1MDB: Ex-CEO became suspicious of Jho Low when probe began
KUALA LUMPUR: Former chief executive officer of 1Malaysia Development Berhad (1MDB) Datuk Shahrol Azral Ibrahim Halmi told the High Court today that he became suspicious of the fugitive businessman Low Taek Jho, or Jho Low, after the authorities started investigating
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Jho Low arranged payment exceeding US$500 mln for misappropriation
KUALA LUMPUR: The High Court was told today that fugitive businessman, Low Taek Jho, or Jho Low, had arranged for the security deposit payment of US$576,943,490 to Aabar Investments PJS (Aabar) for the takeover of Tanjong Energy Holdings Sdn Bhd
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1MDB: Jho Low offered to move me to Pemandu, says former CEO
KUALA LUMPUR: The High Court was told that former 1Malaysia Development Berhad (1MDB) chief executive officer was offered by fugitive businessman Low Taek Jho, or Jho Low, to move to the Performance Management and Delivery Unit (Pemandu). Datuk Shahrol Azral
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1MDB: Najib approved his own paycheque, RM120k annually
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak had set and approved his own remuneration as the chairman of 1Malaysia Development Bhd’s (1MDB) board of advisers. Najib had approved for himself an annual remuneration of RM120,000 for his role
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Najib’s former aide: I was not protecting Jho Low!
KUALA LUMPUR: A former special officer to former prime minister Datuk Seri Najib Tun Razak today denied that he was protecting Low Taek Jho, or Jho Low, for not raising the issue that the fugitive businessman has been misrepresenting himself
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