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10 APRIL 2024

Friday, August 24, 2018

Changi Airport Group: No parking charges owed over Jho Low's jet


A Bombardier Global 5000 jet, similar to the one owned by Jho Low. - The Straits Times/ANN
A Bombardier Global 5000 jet, similar to the one owned by Jho Low. - The Straits Times/ANN
SINGAPORE (Bernama): No charges are owed to Seletar Airport over the private jet allegedly belonging to fugitive businessman Low Taek Jho which is parked at the airport, according to the Changi Airport Group (CAG).
"The private jet in question is parked at a private company's hangar at Seletar Airport. There are no charges owed to Seletar Airport," a CAG spokesman said Friday (Aug 24) in an email reply to Bernama.
The CAG was asked to respond to a news report that Seletar Airport had asked for the settlement of the parking charges first before the Bombardier Global 5000 aircraft will be allowed to be flown to Malaysia.
The CAG is the operator of Seletar Airport.
.The report, quoting sources, said Seletar Airport had indicated the fee to the Singapore authorities following Malaysia's keen interest in taking possession of the plane.
The report also said that Malaysia would have to cough up at least RM3.5mil to bring the aircraft home.
The Malaysian Government wants to bring back the private jet, which was impounded by the Singaporean authorities in 2017.
It was reported that the aircraft is part of some US$1bil in assets allegedly acquired with funds misappropriated from 1Malaysia Development Bhd (1MDB). – Bernama

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