KUALA LUMPUR: Fugitive businessman Low Taek Jho and his father have failed in their bid to set aside an ex-parte Mareva injunction involving assets worth RM6.28bil.
The injunction effectively bars the son and father from disposing of their assets in Malaysia amounting to US$1.03bil (RM4.52bil) and US$401.5mil (RM1.76bil) respectively in a lawsuit filed by 1Malaysia Development Bhd (1MDB) and its subsidiaries.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!
