PETALING JAYA: Fugitive businessman Low Taek Jho has hit out at the authorities over the seizure of money in bank accounts said to be related to him, following the High Court’s order this morning.
A spokesman for Low, better known as Jho Low, said the seizure was “improper” and “the inevitable result of illegitimate proceedings brought by the Mahathir regime”.
In a statement issued through Jho Low’s legal team, he said “the outcome was preordained and politically motivated, blurring the lines between executive and judicial power”.
“This seizure, much like the Mahathir regime’s recent attempts to seize the Low family’s home of 20 years, further demonstrates the regime’s shameful strategy of targeted harassment and willingness to abandon proper procedures.
“The regime continues to favour the law of the jungle in pursuit of any inch of political gain,” he said, adding that the Pakatan Harapan government had not met its promises with respect to basic human rights or the rule of law.
Earlier today, the court in Kuala Lumpur allowed the government to confiscate about RM48 million deposited in bank accounts belonging to Jho Low’s father, Larry Low Hock Peng.
This came after deputy public prosecutor Aaron Chelliah informed the court that no third party had appeared to make a claim on the money.
He said Hock Peng’s lawyers could apply to set aside the order to forfeit the money.
“But they have to give valid grounds for why the government should not seize the money, or else the order of the court remains,” he told FMT.