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KUALA LUMPUR, March 29 — 1Malaysia Development Berhad (1MDB) and one of its subsidiaries obtained ad interim injunction from the High Court here to prevent wanted businessman Low Taek Jho or “Jho Low” from transferring or dissipating any of his assets in Malaysia amounting to US$1.03 billion...
World News - KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - The High Court here has granted an ad interim injunction against fugitive financier Low Taek Jho, or Jho Low, to prevent him from transferring or dissipating his assets in Malaysia amounting to US$1.03 billion (S$1.4 billion) in a lawsuit... Read more at www.tnp.sg
KUALA LUMPUR: The High Court here has granted an ad interim injunction against fugitive financier Low Taek Jho, or Jho Low, to prevent him from transferring or dissipating his assets in Malaysia amounting to US$1.03bil (RM8.14bil) in a lawsuit filed by 1Malaysia Development Bhd (1MDB) and its subsidiaries.
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The High Court (civil division) on Tuesday (March 15) granted a Mareva injunction sought by 1Malaysia Development Bhd (1MDB) and its four subsidiaries to bar a total of US$1.432 billion from being transferred or dissipated by fugitive businessman Low Taek Jho (aka Jho Low) and his father Tan Sri Larry Low Hock Peng from Malaysia or elsewhere.