Jho Low, PetroSaudi schemed to cheat Malaysia of US$1.83 billion through 1MDB, says The Edge
Published: 20 July 2015 10:00 AM
The Edge Financial Daily says businessman Low Taek Jho and PetroSaudi International conspired to cheat Malaysia of over US$1 billion through 1Malaysia Development Berhad (1MDB). – July 20, 2015.
The Edge Financial Daily in a front page story this morning said evidence it had put together showed that various transactions between 1Malaysia Development Bhd (1MDB) and PetroSaudi International were nothing more than a scheme to steal US$1.83 billion (RM6.9 billion) from Malaysia.
It named Low Taek Jho (Jho Low), Tarek Obaid and