The sister of fugitive Malaysian financier Low Taek Jho, whose whereabouts are still unknown, and a close associate were ordered by the Kuala Lumpur High Court to pay 11.58 billion ringgit (US$2.8 billion) to 1Malaysia Development Bhd (1MDB), over “tainted proceeds” misappropriated from the state fund.
Justice Mahazan Mat Taib granted the judgment in default (JID) against Low May Lin, the sister of Low – better known as Jho Low – and Eric Tan, after the court found that 1MDB had decisively…
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