KUALA LUMPUR: One of Jho Low’s aides, suspected of having received misappropriated funds from 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd, has been repatriated from overseas.
This was made possible through cooperation between the Malaysian Anti-Corruption Commission (MACC) and law enforcement agencies abroad.
Sources revealed that the person arrived at KLIA2 at 3.30am on Wednesday.
“Upon arriving at KLIA2, the individual, who has been missing since 2018, was then handed a notice ordering him to appear at the MACC headquarters in Putrajaya at 10am on Thursday.
“MACC officers recorded his statement and his house was searched on the same day,” the sources said, without revealing where the suspect was repatriated from.
“The aide is believed to have received misappropriated money from 1MDB and SRC through the bank account of a company known as Wright Shaw Ltd.”
Previously, the MACC in collaboration with Singapore’s Commercial Affairs Departments (CAD Singapore) had seized a bank account belonging to Wright Shaw amounting to approximately US$5.2mil (RM23.1mil).
“The investigation also proved that the aide had received money via the misappropriation of 1MDB funds through Yayasan Rakyat 1Malaysia (YR1M),” said the sources.
On April 26, the MACC in collaboration with CAD Singapore, had successfully brought home an estimated RM16mil from Totality Ltd which was owned by a 1MDB business development executive director.
The sources said the second person was involved with 1MDB when it was known as the Terengganu Investment Authority (TIA) until 2011.
The sources said this other person is being investigated over a conspiracy to mislead the banks and hide certain facts from the board of directors of 1MDB to transfer US$700mil (RM3.1bil) to Good Star Ltd, allegedly owned by Low, whose full name is Low Taek Jho.
“The MACC had issued an arrest warrant (Red Notice) dated June 29, 2018 against this other individual who still cannot be traced,” they added.
MACC chief commissioner Tan Sri Azam Baki confirmed the matter and said it is now trying to bring back more assets from other people in Singapore.
“The MACC has so far managed to recover about 70% of 1MDB’s assets involving a total of approximately RM28.3bil,” he said.
