Jho Low’s bungalow in Penang seized by police
Published on: Sunday, March 24, 2019
By: Bernama
GEORGE TOWN: A three-storey bungalow belonging to the family of businessman Low Taek Jho (pic), or Jho Low, in Tanjung Bungah Park, here, has been seized by the police to assist with investigations linked to the embezzlement of funds from 1Malaysia Development Berhad (1MDB).
Deputy Inspector-General of Police Datuk Seri Abdul Hamid Bador, when contacted, confirmed the matter, but he declined to elaborate.
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A check on the luxurious house located at No 69, Tanjung Bungah Park, found there was a notice placed at the property, which is under the name of Jho Low’s mother, Gaik Ewe, 66.
It is understood that no one was at home when the notice was placed, and according to neighbours, the house has remained vacant for the past two years.
The notice of seizure from the Attorney General’s Chambers under sub-section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 was issued by officers from Bukit Aman’s Anti-Money Laundering and Anti-Terrorism Financing Prevention division on March 21.
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