Jho Low responsible for Equanimity if bought with 1MDB funds, says Najib

Kamles Kumar Kamles Kumar Updated 7 years ago · Published on 13 Aug 2018 1:42PM · 8 Comments

Najib Razak says his position has always been that Low Taek Jho should be made responsible if the money was siphoned from 1Malaysia Development Bhd. – The Malaysian Insight file pic, August 13, 2018.

WANTED businessman Low Taek Jho must be accountable if superyacht Equanimity was purchased with illegal funds, said Najib Razak.

The former prime minister said he had always held that his former associate, also known as Jho Low, should be made responsible if the money was siphoned from 1Malaysia Development Bhd (1MDB).  

“I said if it was done illegally – if the yacht was obtained in a manner that is illegal, in the sense that money that was not due to him had been used, as alleged – then he has to be accountable for it.

“That has always been my position,” Najib said when stopped at the Parliament lobby today.

Najib, who had also been finance minister, had started 1MDB with Low’s help and oversaw it as chairman of the state investor’s advisory board.

The former Umno president has denied any wrongdoing with regards to 1MDB and also of Equanimity.

Low, who previously denied owning the yacht, recently spoke through his lawyers to protest Malaysia’s move to take possession of the yacht from Indonesia, where it was seized.

“I don’t want to say anything, it is up to him. We are not involved with respect to the yacht at all,” Najib said.

Najib is facing seven charges over 1MDB involving fund transfers from its former subsidiary, SRC International Sdn Bhd.

Prime Minister Dr Mahathir Mohamad earlier this week said the US Department of Justice’s filings to forfeit the yacht had shown that Low had bought the yacht using 1MDB funds, which belonged to Malaysian taxpayers.

Malaysia received the yacht from Indonesia on Monday, following an agreement between Dr Mahathir and President Jokowi Widodo. – August 13, 2018.

Sign up or sign in here to comment.

Comments

  • So! Finally, he has thrown Jho Low under the bus. It was only a matter of time. With Sungai Buloh closing in on Najib, it's every man for himself.

    Posted 7 years ago by Simple Sulaiman · Reply

  • When fail to starve off charges on 1MDB its better to blame on Jho Low. After all he is nowhere to found.

    Posted 7 years ago by Adrian Tan · Reply

  • It is possible 1MDB money transfers were done without Najib's knowledge, so any wrongdoing will require strong proof that will stand up in a court of law..

    Posted 7 years ago by MELVILLE JAYATHISSA · Reply

    • So Najib will be acquitted of some charges for lack of proof?..

      Posted 7 years ago by MELVILLE JAYATHISSA · Reply

    • How can u be this dumb ? or u have a brain decease of thinking people are less knowledgable than U ?

      Posted 7 years ago by Danan P · Reply

    • You must be joking????? I hope you are. Gosh

      Posted 7 years ago by Robert Phang · Reply

  • Najib buat bodoh sahaja. He should also ask himself who allowed Jho Low to access the 1MDB funds, and who gave the approval to transfer the 1MDB funds to outside the country?

    Posted 7 years ago by Rupert Lum · Reply

  • A fool may ask more questions than a wise man can answer!..

    Posted 7 years ago by MELVILLE JAYATHISSA · Reply