1MDB suit: US$1.4b injunction against Jho Low, father remains

Fugitive businessperson Low Taek Jho (also known as Jho Low) and his father Larry Low Hock Peng, are still required by the court to desist from dissipating 1MDB-linked assets of US$1.4 billion in Malaysia. The Kuala Lumpur High Court today dismissed the father-son’s application to set aside the Mareva injunction. Judge Hayatul Akmal Abdul Aziz also ordered the duo to pay RM5,000 in costs to 1MDB and....