MACC seeks Jho Low’s assistance in SRC International probe

MACC seeks Jho Low’s assistance in SRC International probe

MACC has issued a notice asking the businessman and one other person to assist in the investigation into the former 1MDB subsidiary.

Free Malaysia Today
Businessman Low Taek Jho. (Reuters pic)
KUALA LUMPUR:
Malaysia’s anti-graft agency said today it wants financier Low Taek Jho and one other person to assist in the investigation into a former unit of debt-laden state fund 1MDB.

The Malaysian Anti-Corruption Commission (MACC) has resumed a probe into SRC International, which has been linked to transfers of RM42 million (US$10.6 million) into the personal account of former prime minister Najib Razak.

“MACC is asking two individuals to come forward and contact MACC immediately to assist in its investigation into SRC International,” the commission said in a notice.

MACC named Low, or Jho Low as he is widely known, and SRC International director Nik Faisal Ariff Kamil Nik Othman Arif Kamil in the notice.

“MACC urges anyone who has information or knows both individuals to contact the investigating officer… or the nearest MACC office,” the commission said.

The money involved in the SRC probe is just a fraction of billions of dollars allegedly siphoned from 1MDB, a scandal that dogged the last three years of Najib’s near-decade-long rule and one of the reasons why voters rejected him in a May election.

Najib has denied any wrongdoing in the 1MDB scandal.

Low, 37, has been named along with Najib’s stepson Riza Aziz in civil lawsuits filed by the US Department of Justice, which alleged that about US$4.5 billion was misappropriated from 1MDB.

The department is seeking to seize about US$1.7 billion worth of 1MDB-linked assets, and is also pursuing a criminal probe.

The whereabouts of Low, who rose to notoriety by throwing parties with Hollywood stars, are unknown. He previously denied any wrongdoing.

MACC officers have already taken statements from Najib and his wife, Rosmah Mansor, in connection with the SRC International probe.

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