Jho Low is in a country where he can’t be extradited, says PM
Prime Minister Dr Mahathir Mohamad today confirmed attempts by Malaysian authorities to arrest 1MDB-linked businessperson Jho Low.
Speaking at a press conference in Putrajaya, Mahathir, however, revealed a snag in the process as Malaysia did not have existing extradition arrangements with the undisclosed country where Low is believed to be hiding.
“We are trying to arrest Jho Low but he is not in the country (Malaysia) and we don’t have extradition rights in the country where he is staying,” said Mahathir when asked to confirm reports that an arrest warrant had been issued for Low.
MACC seeks to arrest Jho Low, Nik Faisal, Shahrol
Arrest warrants have been issued against 1MDB-linked businessperson Jho Low and SRC International director Nik Faisal Ariff Kamil.
An MACC source told Malaysiakini that the warrants for the duo had been issued several days ago.
Citing sources, Bloomberg also reported that the MACC is also preparing arrest warrants against former 1MDB chief executive officer Shahrol Halmi, and former Goldman Sachs banker Roger Ng.
Earlier today, the MACC had issued a notice urging Low and Nik Faisal to come forward and assist with investigations into SRC International, a former 1MDB subsidiary.
Ng was previously reported to have dealings with fellow former Goldman banker Tim Leissner, who was instrumental in arranging for three bonds for 1MDB the proceeds of which were later allegedly syphoned off.
Guan Eng asks IRB to probe Jho Low and family
KUALA LUMPUR: Finance Minister Lim Guan Eng has asked the Inland Revenue Board (IRB) to investigate financier Low Taek Jho and his family in relation to 1Malaysia Development Berhad (1MDB), the state fund at the heart of massive anti-corruption probe.
Lim Guan Eng said in a tweet: “The Inland Revenue Board is asked to investigate Jho Low and his family in relation to any returns or anything received in the 1MDB scandal.”
21 May 2018
WSJ: Jho Low was in Phuket waiting for Najib to win GE14
Penang-born businessperson Low Taek Jho, the alleged mastermind behind the 1MDB affair, was in Phuket, Thailand a few days before Malaysia’s 14th general election, reported the Wall Street Journal (WSJ).
1MDB ‘mastermind’ Jho Low flee Thailand after being spotting relaxing in Phuket, Macau, Shanghai and Bangkok before the elections https://www.wsj.com/articles/fall-of-a-malaysian-dynasty-puts-target-on-alleged-1mdb-mastermind-1526843487 …
Report: Jho Low likely to be in Taiwan
A Chinese daily has claimed that Penang-born businessperson Jho Low is likely to be currently residing in Taiwan.
According to Nanyang Siang Pau, it had “reliable information” of Low’s whereabouts, but did not specify details.
The report speculated that extraditing Low would be difficult as Malaysia and Taiwan do not have formal diplomatic relations…