Jho Low indirectly loaned RM70,000 to TIA, court told


KUALA LUMPUR: Fugitive businessman Low Taek Jho, known as Jho Low, loaned RM70,000 to Datuk Shahrol Azral Ibrahim Halmi in 2009, in order to increase the share capital of Terengganu Investment Authority Bhd (TIA).

The funds were deposited straight into Shahrol’s account, the High Court heard yesterday during former prime minister Datuk Seri Najib Razak’s 1MDB corruption trial.

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1MDB , Low Taek Jho , Jho Low , court , Najib Razak

   

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