Jho Low

KUALA LUMPUR: Fugitive businessman Low Taek Jho and his father Tan Sri Larry Low Hock Peng have been sentenced to prison indefinitely for contempt of court.

If caught, they will be imprisoned until they purge the contempt order imposed on them. On Aug 12, Justice Hayatul granted leave to 1MDB to initiate contempt proceedings against Low and his father after they did not respond to the injunction order. On March 16, 1MDB and Global Diversified (formerly known as 1MDB Global Investments Ltd), obtained the Mareva injunction from the High Court preventing Low from disposing of US$1.03bil (RM8.14bil) in assets.

Both were absent during the open-court proceeding. Read more at straitstimes.com.

THE STAR/ASIA NEWS NETWORK They were not represented by lawyers. KUALA LUMPUR - The Kuala Lumpur High Court has sentenced fugitive businessman Low Taek Jho and his father Larry Low to jail for contempt of court.

The sentence was handed down for their breach of the Mareva injunction orders issued by the court in March and April, requiring them to disclose their ...

This was extended on April 20, where the companies applied to freeze US$1.03 billion of Jho Low’s assets and another US$401.5 million of his father’s assets, said to be related to 1MDB. On Aug 12, the court granted 1MDB and Global Diversified Investment Company leave to initiate contempt proceedings against the two. "The judge also sentenced them to imprisonment until the contempt is purged," said the lawyer.

Judicial commissioner says there is no need for the case to go to a full trial.

Connection is secure Checking if the site connection is secure Occasionally, you may see this page while the site ensures that the connection is secure.

PETALING JAYA: A day after he was sentenced to jail for contempt of court, fugitive businessmn Low Taek Jho was ordered to pay over RM1 billion in tax...

LHDN said Low failed to submit his tax returns for 2013 and 2014. In his ruling, Judicial commissioner Kenneth Yoong Ken Chinson St James said that “there is neither a triable issue nor some other issue” which requires the case to go to a full trial. The Penang High Court has allowed IRB’s application for a summary judgment to recover the tax arrears from Jho Low,

Fugitive businessman Low Taek Jho or Jho Low (left) and his father, Tan Sri Larry Low Hock Peng (right), were on Monday sentenced to imprisonment for ...

GEORGETOWN: A day after he was sentenced to jail for contempt of court, Low Taek Jho was ordered to pay over RM1 billion in tax arrears to the Inland ...

The IRB said Low, who is also known as Jho Low, failed to submit his tax returns for 2013 and 2014 and that he is liable for over RM1.05 billion in taxes for income earned in those years. In his defence, Low claimed that he "did not have bank accounts in Malaysia during the years of assessment 2013 and 2014" and that he did not conduct any business in Malaysia in those two years. "I am of the view that I do not need to consider these two averments as part of the defendant's defence," St James added. Yesterday, Low and his father Larry were sentenced to jail for contempt by the Kuala Lumpur High Court after they failed to abide by terms in an asset freezing, or Mareva, injunction orders issued by the court in March. The court rejected his defence, stating that "not having a bank account in Malaysia and not conducting business in Malaysia is not a defence to this tax claim". IRB said Low, who is also known as Jho Low, failed to submit his tax returns for 2013 and 2014 and that he is liable for over RM1.05 billion in taxes for income earned in those years.

The Penang High Court has granted the Inland Revenue Board's (IRB) application for a summary judgment to recover RM1.05 billion in tax arrears from fugitive ...

Connection is secure Checking if the site connection is secure Occasionally, you may see this page while the site ensures that the connection is secure.