Singapore: No Request from Malaysia to Return Jho Low Jet

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Singapore police said on Tuesday an aircraft linked to an investigation into a multibillion-dollar scandal at Malaysian state fund 1Malaysia Development Berhad (1MDB) was in the city-state but Malaysia had not made a formal request for its return.

Singapore authorities had not previously confirmed that the US$35 million (RM143 million) private jet, which Malaysian Prime Minister Tun Dr Mahathir Mohamad has said he is seeking to repossess, was in the city.

Aviation services firm Jet Aviation said on Monday a jet, which the US Department of Justice alleges was bought by fugitive financier Low Taek Jho, also known as Jho Low, using funds allegedly taken from 1MDB, was at their facility at Singapore’s Seletar Airport.

Today Online

“Singapore has not received any formal request from the Malaysian authorities seeking the return of the aircraft,” a police spokesman said.

Singapore authorities in 2016 said they had seized S$240 million (RM714 million) in funds and properties as part of investigations into 1MDB-related fund flows through Singapore, of which about half belonged to Low and his family.

Malaysian authorities have issued an arrest warrant for Low, whose whereabouts are not known.

Low, whose Malaysian passport has been revoked, has previously denied any wrongdoing.

Last week, the US$250 million (RM1 billion) superyacht Equanimity, which the Department of Justice says was also bought by Low, was handed over to Malaysia by Indonesia, which had seized the vessel in February.

Azinuddin Ghazali

A representative for Low has said the handing over of the superyacht to Malaysia was illegal and in violation of Indonesian and US court orders.


Earlier reports:

Aug 14, Jho Low’s Jet Needs to be Serviced Before It will be Brought Back

Aug 12, After Superyacht, Government Now Eyeing Jho Low’s Private Jet