IGP: Jho Low not linked to any 1MDB decisions or deals

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PETALING JAYA: Low Taek Jho, better known as Jho Low, was not linked to any decision or business deals made by 1Malaysia Development Bhd (1MDB), police said today.

Inspector-General of Police Mohamad Fuzi Harun issued a statement tonight stating that police investigations so far had revealed Low had never worked in 1MDB and there was no strong evidence that he was involved in its dealings.

He said evidence shows all decisions were made by the management or board of the sovereign investment company.

“Police carried out investigations against 1MDB, based on the Public Accounts Committee report, tabled in Parliament on April 7, 2016.”

Fuzi said if police received any new evidence against Low, they will take appropriate action against him according to the relevant laws.

Fuzi said the United States Department of Justice (DoJ) actions in seizing the yacht Equanimity, which it claimed belonged to Low, in Bali on Feb 28, was a civil action based on a court case in America.

The court case was against Low and not 1MDB, Fuzi said.

“Malaysian police have not received any information, either from Indonesian authorities or the US Federal Bureau of Investigation (FBI), regarding the seizure of Equanimity on Feb 28.

“Nor have we been contacted by any party to help in investigations into the yacht.”

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