1MDB to serve US$3.78bil writ of summons on Jho Low’s siblings abroad

1MDB to serve US$3.78bil writ of summons on Jho Low’s siblings abroad

Lawyer for the sovereign wealth fund says the fugitive businessman's sister and brother are living in Singapore and Hong Kong.

On May 7 last year, 1MDB and its four subsidiaries, namely Global Diversified, 1MDB Energy Holdings Ltd, 1MDB Energy Ltd and 1MDB Energy (Langat) Ltd filed the suit against the six defendants. (Reuters pic)
KUALA LUMPUR:
1MDB has been allowed by the High Court here to serve a writ of summons amounting to US$3.78 billion on the sister and younger brother of fugitive businessman Low Taek Jho, or Jho Low, who are currently abroad.

Lawyer Siva Kumar Kanagasabai, representing 1MDB, said that based on their last known addresses, Low May Lin was in Singapore while her younger brother, Taek Szen, was in Hong Kong.

“Therefore, the court gave permission to serve the writ of summons outside Malaysia,” he said when contacted after the online proceedings before judge Hayatul Akmal Abdul Aziz.

According to Siva Kumar, case management has been fixed for Aug 23 before High Court senior assistant registrar Haslinda A Raof via e-Review.

On Dec 29 last year, Jho Low, his father Larry Low and his mother Goh Gaik Ewe entered an appearance in the suit as defendants while the writ of summons had yet to be served on another defendant, Jho Low’s associate Eric Tan.

On May 7 last year, 1MDB and its four subsidiaries, namely Global Diversified, 1MDB Energy Holdings Ltd, 1MDB Energy Ltd and 1MDB Energy (Langat) Ltd filed the suit against the six defendants.

Based on the writ, 1MDB is claiming US$661 million from Jho Low and US$41 million, US$397 million, US$608 million and US$1.9 billion from Jho Low and Tan as well as US$325 million from Jho Low and his father.

1MDB Global Investments Ltd is also seeking US$630 million from Larry, Jho Low and Tan and US$2 million from Taek Szen, Jho Low and Tan.

The plaintiffs are also seeking US$3.5 million from May Lin and Jho Low and US$1.695 million from Goh, Jho Low and Tan in connection with the purchase of jewellery and secret profits, apart from US$25.5 million from Jho Low, Tan, Larry and Taek Szen.

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