Connect with us


Jho Low Says Billions Used From 1MDB “Were Just A Loan” & Is Willing To Give It Back In New Recording


Source: Straits Times & NY Times

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

“All these ultimately were loans,” said Jho Low regarding the billions of money he got from 1MDB.

Newly discovered recordings of a conversation between the fugitive businessman Low Taek Jho and government officials under Pakatan Harapan (PH) have surfaced in an Al Jazeera documentary titled “Jho Low: Hunt For A Fugitive”.

“I don’t believe there’s any wrongdoing,” he says, claiming that he was only borrowing the billions from 1MDB to buy luxury items like high-end real estate, art pieces, a private jet and a mega-yacht.

Jho Low also adds that he is willing to assist in returning these assets, as long as he is not charged in court, reported Astro Awani.


“All these ultimately were loans, directly or indirectly, but, ultimately, I think the time has come, we want to assist in repatriating these assets back in return for cooperating and moving on with life without, you know, being prosecuted,” he says.

However, Debra LaPrevotte, former FBI special agent, who was involved in the 1MDB investigation, refutes Jho Low’s claims and reasons that if there is no wrongdoing, he wouldn’t want to return assets and they wouldn’t be seized in the first place.

“If it is true that it does not involve any misconduct, then there is no need to return the asset, right? Of course no asset will be confiscated,” she said.

“This is funny. It seems like, if I keep talking about this lie, maybe someone will eventually believe me.”

Meanwhile, Bill McMurry, also a former FBI Agent, believes that the only way Jho Low will continue to be let off hook is through corruption and with the help of ‘superiors’.

“I believe that in this long period, there will be people from the highest and most powerful levels who can allow him to return to Malaysia without any charges,” he said.

Jho Low

In the recordings, Jho Low also blames Najib Razak, who was the finance minister during the 1MDB scandal, and claims that he (Low) had no authority to make any decision.

Najib Razak is now facing 25 charges of abuse of power and money laundering over 1MDB funds while also facing seven charges of corruption in connection to SRC International. In July 2020, Najib was found guilty of all seven charges but so far, there has been no further updates on this case.

What do you think about this? Let us know in the comments below!


Also read: BREAKING: Najib Razak Found Guilty Of All Seven Charges In SRC Trial


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just In

My Post 2022 07 04T182304.718 My Post 2022 07 04T182304.718
News14 hours ago

M’sian Arrested After Killing Wife & 3mo Son & Fleeing Naked On A Motorcycle

A father was stunned to see his daughter and grandson covered in blood and lifeless after being stabbed in the...

Collage 1 Collage 1
News20 hours ago

M’sian Modifies His Nissan Skyline R32 Into A Police Car For Automotive Exhibition, PDRM Investigates

Creativity knows no bounds, but sometimes, we must have certain boundaries while being creative in order to avoid disappointing certain...

My Post 2022 07 04T110713.231 My Post 2022 07 04T110713.231
News21 hours ago

WATCH: Motorcyclist Allegedly Sniffs Glue While Riding Without Helmet & Number Plate

The Royal Malaysian Police (PDRM) is currently looking for a man who is shown in a viral video riding a...

Inflation Fgt Inflation Fgt
News2 days ago

PM: M’sia Has Low Inflation Rate Compared To Other Countries

According to Prime Minister Ismail Sabri Yaakob, the rise in living costs happens not only in Malaysia but worldwide, and...

Feat Image Traveller Pass Mysejahtera Ons Feat Image Traveller Pass Mysejahtera Ons
News3 days ago

KJ: MySejahtera’s Traveller Pass No Longer Needed For M’sians Returning Home Starting 4 July

Health Minister Khairy Jamaluddin has announced that the requirement for Malaysians coming back to the country from overseas to complete...

Feat Image Pre 20 Feat Image Pre 20
News3 days ago

Tourism Minister: M’sians Can Redeem Up To RM100 E-Vouchers To Purchase Domestic Flight Tickets

Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri yesterday announced that five airlines are offering e-vouchers valued between RM25...

Cannabis Infused Food Thailand 1 Cannabis Infused Food Thailand 1
News5 days ago

Minister Urges M’sians To Not Consume Cannabis-Infused Food & Drinks In Thailand

Many Malaysians and Singaporeans love to go to Thailand for short vacays as it is cheap and nearby. Recently, Thailand...

My Post 2022 06 30T111452.423 My Post 2022 06 30T111452.423
News5 days ago

M’sian Couple Gets Into Accident & Steals Road User’s Car To Flee, Leaving Their Son’s Body Behind

After getting into an accident on Jalan Sungai Kelamah-Jelai-Gemas, Negeri Sembilan, a couple decided to leave the body of their...


Latest Videos