Jho Low's NYC condos to be sold in 1MDB forfeiture lawsuits


  • Nation
  • Thursday, 30 May 2019

The two luxury New York City condominiums are Time Warner penthouse at 80 Columbus Circle (above), which Jho Low acquired in 2011, and a US$14 million condo at 118 Greene Street that he bought in 2014.PHOTO: GOOGLE MAPS.

NEW YORK (Bloomberg): Two luxury New York City condominiums that fugitive Malaysian financier Jho Low is accused of buying with money stolen from a state investment fund are to be sold as part of U.S. forfeiture lawsuits targeting the properties.

Lawyers for Low -- whose full name is Low Taek Jho -- and the U.S. on Wednesday asked a Los Angeles federal judge to let them take the first step toward listing sales of the $31mil (RM130mil) Time Warner penthouse at 80 Columbus Circle, which Low acquired in 2011, and a $14mil (RM59mil) condo at 118 Greene Street that he bought in 2014.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Skywatchers out in force
Photo gallery: KKB by-election nomination day
KKB by-election: Live updates
BCorp denies founder had discussions with Anwar on casino
The human touch still required, says MCMC man
Customs to double ‘sniffing’ strength against drug smuggling
PM: Avoid past mistakes to uplift Malaysia Airlines
Ahmad Zahid and Muhyiddin agree to end dispute involving defamation suit
Family, food and festivities
Swift medical aid just a QR code away for haj pilgrims

Others Also Read