Jho Low's NYC condos to be sold in 1MDB forfeiture lawsuits


  • Nation
  • Thursday, 30 May 2019

The two luxury New York City condominiums are Time Warner penthouse at 80 Columbus Circle (above), which Jho Low acquired in 2011, and a US$14 million condo at 118 Greene Street that he bought in 2014.PHOTO: GOOGLE MAPS.

NEW YORK (Bloomberg): Two luxury New York City condominiums that fugitive Malaysian financier Jho Low is accused of buying with money stolen from a state investment fund are to be sold as part of U.S. forfeiture lawsuits targeting the properties.

Lawyers for Low -- whose full name is Low Taek Jho -- and the U.S. on Wednesday asked a Los Angeles federal judge to let them take the first step toward listing sales of the $31mil (RM130mil) Time Warner penthouse at 80 Columbus Circle, which Low acquired in 2011, and a $14mil (RM59mil) condo at 118 Greene Street that he bought in 2014.

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