Jho Low approached China’s elite to resolve 1MDB’s woes, book claims

Free Malaysia Today

The fugitive financier also attempted to leverage his ‘strong Middle Eastern connections’ in an ‘ambitious plan’ to take over RHB Bank.   Read More:  https://www.freemalaysiatoday.com/category/nation/2024/10/08/jho-low-approached-chinas-elite-to-resolve-1mdbs-woes-book-claims/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------  Check us out at https://www.freemalaysiatoday.com  Follow FMT on Facebook: https://bit.ly/49JJoo5  Follow FMT on Dailymotion: https://bit.ly/2WGITHM  Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h  Follow FMT on TikTok : https://bit.ly/3uKuQFp  Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX  Follow FMT LinkedIn - https://bit.ly/42YytEb  Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj  Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------  Download FMT News App:  Google Play – http://bit.ly/2YSuV46  App Store – https://apple.co/2HNH7gZ  Huawei AppGallery - https://bit.ly/2D2OpNP   #FMTNews #JhoLow #China #TheSiegeWithin

Transcript

00:00A forthcoming book claimed that fugitive financier Lo Teck Choe, better known as Joe Lo, sought

00:09the help of China's elite to attract investment from China

00:14In The Siege Within, journalist Leslie Lopez said Lo intended to use those connections

00:19in a grand scheme to resolve 1MDB's financial commitments

00:25Lopez claimed that Lo had an impressive list of contacts among the kin of Beijing's powerful

00:31political class

00:34He said China was also keen on finding a strong economic partner at the time, leading to then-Prime

00:40Minister Najib Razak announcing a pivot to China as his latest economic initiative

00:47Lopez wrote that the deals Lo had established with Chinese entities were done with Najib's

00:51blessing as part of a grand scheme to bail out 1MDB

00:57By mid-2016, Putrajaya had signed US$34 billion worth of Chinese investments, the book claimed

01:04In 2019, Najib's former aide testified at the SRC international trial that several infrastructure

01:12projects had been offered to Chinese firms, including two pipeline projects and the East

01:17Coast Rail Link

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