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Malaysia has sold the luxury yacht at the center of the 1MDB corruption scandal
By Isabella Steger From Quartz A $250-million-yacht complete with a massage room, a sauna, a helicopter landing pad, a cinema, and gold-leaf fittings that oncehosted celeb-studded parties—and is now key to Malaysia’s efforts to recover funds related to the 1MDB…
US court rejects Jho Low’s family’s bid to claim assets
Reuters From FMT News The ruling marks the latest setback for the family members, which last week had a motion to delay the hearing denied, squashing plans to try courts in New Zealand and the Cayman Islands. WASHINGTON: A US…
1MDB: Ex-BSI banker trial: I never worked for Jho Low, says Yeo Jiawei
By Grace Leong From Straits Tmes SINGAPORE – Former BSI banker Yeo Jiawei said on Friday (Nov 11) that he had never been employed by Low Taek Jho nor had he ever “received a single cent” from the controversial Malaysian…
The Edge: Our report exposed fraud
From Malaysia Kini The Edge Financial Daily’s latest report on 1MDB today denied the allegation that it was part of a political conspiracy, and instead recounted an alleged scheme by tycoon Jho Low and PetroSaudi International (PSI) to steal billions…
