[ad_1]
PETALING JAYA: Fugitive Financial Low Taek Jho (pix) also known as Jho Low, continued to manage his two companies registered in Hong Kong while he is fleeing the law
Low is the CEO of private equity firm Jynwel Capital and the director of the non-profit Jynwel Charitable Foundation, both based in Hong Kong.
The South China Morning Post reports that He signed two documents to replace the company secretary of the two companies of B & Mck Nominees at KV Pro Services in Mong Kok on July 9th.
The newspaper was not informed if Low was in Hong Kong when he signed the documents as a signatory.
B & Mck is a subsidiary of the American law firm Baker McKenzie. A spokesman for the law firm confirmed that he had stopped working for Low's companies, but declined to give the reason, according to the report.
On June 26, Jho Low's older brother, Low Taek Szen, who is also managing director of Jynwel Capital as described in his promotional video, signed documents asking Hong Kong's Register of Companies to be Changed for Quinton Investments and for the nonprofit organization called Quantima Charitable Foundation, she adds.
"A source familiar with the operations of the Shanghai-based business consulting firm owned by Jynwel Capital said it has three employees from Malaysia and Hong Kong." The source, who spoke under the guise of the company, said: Anonymity, said that Jynwel recently tried to close the company that was established two years ago and based in Shanghai. World Financial Center. "
Low is wanted by the authorities here to help investigate the scandal 1Malaysia Development Berhad (1MDB)
[ad_2]
Source link
