Malaysia's tax office to investigate Jho Low over 1MDB

The whereabouts of financier Low Taek Jho, better known as Jho Low and a close friend of former prime minister Najib Razak's family, are unknown. He has previously denied any wrongdoing.
The whereabouts of financier Low Taek Jho, better known as Jho Low and a close friend of former prime minister Najib Razak's family, are unknown. He has previously denied any wrongdoing.PHOTO: THE STAR/ASIA NEWS NETWORK

KUALA LUMPUR (REUTERS) - Malaysia's Finance Minister said on Friday (May 25) he has asked the Inland Revenue Board to investigate financier Low Taek Jho and his family in relation to 1Malaysia Development Berhad (1MDB), the state fund at the heart of a massive anti-corruption probe.

Mr Lim Guan Eng said in a tweet: "The Inland Revenue Board is asked to investigate Jho Low and his family in relation to any returns or anything received in the 1MDB scandal."

 

The whereabouts of Mr Low, better known as Jho Low and a close friend of former prime minister Najib Razak's family, are unknown. He has previously denied any wrongdoing.

Datuk Seri Najib, who was defeated in an election two weeks ago, has been barred from leaving Malaysia, as the new government has relaunched an investigation into how billions of dollars disappeared from 1MDB.