US court reportedly approves sale of Jho Low's jet


  • Nation
  • Thursday, 01 Nov 2018

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.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Man breaks both legs after oil palm tree falls on shelter canopy
Foul smell leads to discovery of dead man in Kelantan
Some 10 suspended Bersatu divisions allowed to meet in December, says Hamzah
Zero-tolerance policy for bullying needed, says Lee Lam Thye
Accurate data needed to curb leakages in govt subsidies, says Anwar
From deadly diseases to property pains, Penang's pigeon infestation public bane
Anwar orders Khazanah internal audit over RM43.9mil lost investment
Police seize 79 sharp weapons, arrest Tabib Adam's son
Don’t do anything to damage Bersatu, Muhyiddin tells party members
Malaysian artist among six arrested in Thailand for yaba pill possession

Others Also Read