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Friday, May 25, 2018

JHO LOW’S FAMILY WILL NOT BE SPARED: GUAN ENG ORDERS TAX DEPT TO PROBE 1MDB PLAYBOY

KUALA LUMPUR: Finance Minister Lim Guan Eng said he has asked the Inland Revenue Board (IRB) to investigate financier Low Taek Jho, better known as Jho Low, and his family in relation to 1Malaysia Development Berhad (1MDB), the state fund at the heart of massive anti-corruption probe.
Lim said in a tweet on Friday (May 25): “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.”
The whereabouts of Low, a close friend of former prime minister Datuk Seri Najib Tun Razak’s family, are unknown. He has previously denied any wrongdoing.
Najib, who was defeated in an election two weeks ago, has been barred from leaving Malaysia, as the new government has relaunched an investigation into how billions of dollars disappeared from 1MDB.
– Reuters

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