I didn't ask Najib to open bank accounts, says Jho Low

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I didn't ask Najib to open bank accounts, says Jho Low
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The fugitive financier also says in a witness statement he had no decision-making authority over SRC International and 1MDB. FMTNews JhoLow

Fugitive financier Jho Low says he does not recall alleged text conversations with Ambank relationship manager Joanna Yu.

“I did not know that Nik Faisal was the authorised person to manage his accounts,” he told Malaysian Anti-Corruption Commission officer Ting Ing Ping, who recorded his statement at Rosewood Hotel, Abu Dhabi. “To the best of my recollection, I do not recall such conversations and neither do I understand the context of the messages,” he said in response to the chats logged between 2014 and 2015.

Asked about his role in SRC International, Low said he did not have any interest in the government-owned company “except for potential business transactions but they were at arms’ length”.

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