Published • loading... • Updated
Government Denies Jho Low Entered Malaysia for 1MDB Talks
Liew Chin Tong said Malaysia still owes RM20.1 billion in 1MDB debts as he rejected reports that Low held secret talks in the country.
- On Thursday, July 9, Deputy Finance Minister Liew Chin Tong denied that fugitive businessman Jho Low entered Malaysia for talks linked to the Development Berhad scandal, where Low faces charges for misappropriating at least US$4.5 billion.
- The Sarawak Report and The Wall Street Journal reported in May that Low secretly entered the country with a Chinese delegation to negotiate Development Berhad debts, triggering parliamentary scrutiny.
- Syed Saddiq Syed Abdul Rahman of Muda-Muar pressed Liew in the Dewan Rakyat on Thursday, calling the alleged entry "a very serious breach of Malaysia's sovereignty."
- Total Development Berhad liabilities reached 51.4 billion ringgit, Liew noted, while Malaysia has recovered 31.3 billion ringgit in assets, leaving an estimated net liability of 20.1 billion ringgit.
- The Madani government continues ongoing asset recovery efforts, including criminal and civil proceedings against Low, to restore global confidence and strengthen governance following the scandal's damage to Malaysia's international reputation.
Insights by Ground AI
13 Articles
13 Articles
Channel News AsiaReposted by 
Asia One
Asia OneMalaysia denies report that Jho Low entered country for 1MDB talks
News portal Sarawak Report, which had played a key role in uncovering the 1MDB scandal, reported in May that Low had secretly entered Malaysia last year as part of a Chinese delegation to negotiate debts linked to 1MDB.
·Singapore, Singapore
Read Full Article
Jho Low back in Malaysia? Putrajaya tells Parliament: Nothing to it
KUALA LUMPUR, July 9 — Putrajaya today denied rumours that fugitive Malaysian businessman Jho Low had returned to the country recently with a delegation from China to negotiate a settlement of 1Malaysia Development Berhad’s (1MDB) multi-billion ringgit debt.The rumour was first carried by news portal Sarawak Report, which claimed that the wanted Penang-born – whose real name is Low Taek Jho – had entered the country to discuss a purported “repay…
·Petaling Jaya, Malaysia
Read Full Article
Coverage Details
Total News Sources13
Leaning Left2Leaning Right4Center4Last UpdatedBias Distribution40% Center, 40% Right
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
40% Right
L 20%
C 40%
R 40%
Factuality
To view factuality data please Upgrade to Premium
