US court reportedly approves sale of Jho Low's jet

Located in the coveted Bird Streets on a pie-shaped promontory known as the Crown, the 1.2-acre complex was famously owned by Jho Low.

PETALING JAYA: A US court has reportedly approved an agreement between US Department of Justice (DoJ) and the claimant Global One Aviation (Global 5000) Ltd for permission to start a bidding process to sell a jet linked to fugitive businessman Low Taek Jho.

According to a media statement issued by a consultancy firm claiming to represent Global One Aviation, the parties have agreed that the proceeds of the sale held in escrow in the US until the legal rights of the various parties can be determined through proper judicial proceedings.