PUTRAJAYA - The Malaysian authorities have evidence that fugitive financier Low Taek Jho kept a lot of the money siphoned off from state investment fund 1Malaysia Development Berhad for himself, says Prime Minister Mahathir Mohamad.
"There is still a lot of money missing. The funds we have recovered are less than RM2 billion ," he said. "There is some evidence Jho Low took a lot of money for himself. We have problems trying to detect where he is, but we are still after him," said Dr Mahathir on the efforts of the government to recover the funds allegedly stolen from 1MDB.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooSG - 🏆 3. / 71 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »