While Penang’s squash queen Nicol David has put Malaysia on the map in sports, another Penangite is carving a name for himself in real estate deals in New York. Only problem is the media coverage has not drenched his exploits with much glory. Oh, what a tangled business and real estate web he has spun … Check out this New York Times expose and note Jho Low’s reported brief meeting with Najib.
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Latest on Jho Low by Daily Mail: Popping champagne with Paris Hilton, walking the red carpet with Leonardo DiCaprio, and cycling Busta Rhymes around town on a tuk-tuk. This is Low Taek Jho, known popularly as Jho Low, the 34-year-old Malaysian businessman who has long been a staple of the celebrity party scene in New York and LA. But he is now in the limelight for different reasons – at the center of a federal probe into an alleged multi-million dollar money laundering scandal involving Goldman Sachs and the prime minister of Malaysia Najib Razak. The scandal erupted last year… Read more »
1MDB non-executive director Tan Sri Ong Gim Huat is not just a friend, but also a business partner of 30 years of Tan Sri Larry Low Hock Peng. Low is the father of Jho Low or Low Taek Jho, who is said to have influence over the operations of debt-laden 1MDB, the controversial sovereign wealth fund owned by the Ministry of Finance. Companies Commission of Malaysia (CCM) documents show that Ong and Low are directors and shareholders of Wonder Bay Sdn Bhd, a Penang based property development company.
http://www.themalaysianinsider.com/malaysia/article/1mdb-director-ong-is-business-partner-of-jho-lows-father
Jho Low, one of the art collectors who own property in the Time Warner Center (he owns a penthouse on the 76th floor, once owned by Jay Z and Beyonce, that he bought for $30.55 million) has been identified in an article in the New York Times as the buyer of Jean-Michel Basquiat’s 1982 painting Dustheads. The painting fetched $48.8 million in May 2013 at Christie’s New York.
http://news.artnet.com/in-brief/malaysian-financier-jho-low-revealed-as-purchaser-of-jean-michel-basquiats-49-million-dustheads-248008
Jho now the darling boy for Rosie n another fading Penang badminton boy losing appeals to get?
Jho Low was once an intern in Koh Tsu Koon’s office. He must have seen and realized it is stupid to be a coward in whatever field.
If any US laws have been broken, an investigation in Congress by a
US Senator or US Congressperson will reveal more dirt.