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Malay Mail
6 days ago
- Business
- Malay Mail
Anwar thanks Malaysians for patience amid efforts to strengthen economy
KUALA LUMPUR, July 24 — Prime Minister Datuk Seri Anwar Ibrahim has expressed gratitude to Malaysians for their continued patience and support as his administration works to restore the nation's finances and address the lingering effects of past scandals. This comes in the wake of recent revelations by investigative journalists Bradley Hope and Tom Wright, who disclosed that Malaysia's actual losses from the 1MDB scandal could total up to US$18 billion (RM75.9 billion). The prime minister said this figure underscored the scale of the damage inherited by the Madani government. 'From the very first day the prime minister took office at the end of 2022, he remained committed to repairing the country's financial standing so that he can better serve the people,' said the prime minister's senior press secretary, Tunku Nashrul Abaidah, in a livestream today. With the country's financial position now gradually stabilising, Tunku Nashrul said the government has begun rolling out targeted assistance to ease the public's burden amid global economic uncertainties. 'The prime minister said that these measures were made possible only through disciplined governance and improved fiscal space. 'The prime minister also extends his sincere apologies for delays in fulfilling some of the promises made before taking office, as rebuilding trust takes time and deliberate effort. 'Despite constant personal attacks from Opposition figures, including Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor and the Opposition Leader, the prime minister said that insults and mockery on social media won't derail the government's mission to serve the rakyat,' said Tunku Nashrul. The government has recently come under fire for its decision to reduce the RON95 petrol price from RM2.05 to RM1.99, and for providing a one-off RM100 cash assistance to all adult Malaysians. While some Opposition leaders dismissed the move as trivial, Tunku Nashrul said it was a meaningful gesture in line with National Month celebrations — especially as it marks the first time all Malaysians, regardless of background, have received such direct support. He also clarified that the recently announced aid — including the nationwide rollout of Sumbangan Asas Rahmah (SARA) starting 31 August — is not part of Budget 2026, which will only take effect next year. 'Instead, these initiatives are funded through responsible fiscal planning within the scope of Budget 2025. 'These measures are immediate and necessary, aimed at alleviating the cost-of-living pressures faced by the people now. 'Budget 2026, which will be tabled this October, will contain broader allocations for the following year,' said Tunku Nashrul. The Prime Minister's Office has also offered to brief Opposition leaders on basic budgetary principles, for those who may still be unclear about the difference between fiscal assistance and formal budget allocations. 'If there are no interruptions from 'the grasshoppers by the sea' like Sanusi and his allies, InsyaAllah, the Madani government will continue to deliver more prosperity for all Malaysians,' Tunku Nashrul said.
Free Malaysia Today
6 days ago
- Politics
- Free Malaysia Today
Is Saifuddin calling us liars on Jho Low's whereabouts, asks journo
Last Friday, investigative journalists Tom Wright (left) and Bradley Hope claimed in a YouTube video that Low Taek Jho was living in Shanghai, China, with a fake Australian passport. PETALING JAYA : An investigative journalist has questioned whether home minister Saifuddin Nasution Ismail was calling him and a fellow journalist liars after they reported that fugitive financier Low Taek Jho was residing in Shanghai, China. 'Is he calling us liars?' Tom Wright said in a post on X. He was referring to Saifuddin earlier saying that police have yet to find any credible evidence to support claims that Low, better known as Jho Low, is residing in China with a fake Australian passport. Saifuddin said Malaysian authorities were working closely with international enforcement agencies to verify Low's exact whereabouts. In a YouTube video last Friday, Wright and fellow journalist Bradley Hope said they had gathered evidence from various sources and newly uncovered documents which showed that Low was living in a mansion in Green Hills, an 'ultra high-end neighbourhood' in Shanghai. They added that Low was using a fake Australian passport under the Greek name 'Constantinos Achilles Veis' to hide his identity. Hope and Wright also claimed that Low was now working as a 'behind-the-scenes strategist for the Chinese government'. His role allegedly includes helping sanctioned companies from China 'navigate difficulties around the world'. Hope and Wright are former Wall Street Journal journalists who broke many of the key early 1MDB stories and co-wrote the book 'Billion Dollar Whale' about the scandal on the Malaysian sovereign fund. Meanwhile, netizens also took aim at the government over its response to the revelation by Wright and Hope. One user on X suggested that the government was still working off dial-up internet, to which Wright commented: 'Please fax us'. Another netizen said that Saifuddin should be working closely with Wright and his team. When another X user said the pair had not presented verified evidence for the claims, Wright referred to the YouTube video uploaded last week. 'Does verified mean it has to come from a government?' Wright asked.
Independent Singapore
7 days ago
- Politics
- Independent Singapore
Jho Low believed to be hiding out in China
Jho Low FB SINGAPORE: Rumours are circulating that Malaysian businessman Jho Low, a fugitive who was involved in the 1MDB scandal, is currently hiding out in China. The American reporters who broke the 1MDB story, Tom Wright and Bradley Hope, uploaded a video on YouTube last Friday (July 18) and claimed that Low is currently residing in Green Hill, an upscale residential estate in Shanghai. The reporters added that Low may be using a forged Australian passport to conceal his identity. The Australian Department of Foreign Affairs has since confirmed that investigators are assessing the allegations that Low could be holding a fake Australian passport. A spokesperson for the department added that those found guilty could face a maximum penalty of ten years in prison, a fine, or both. Malaysia is also expected to investigate the latest allegations. Prior to the release of Friday's video, Bernama had quoted Malaysian Prime Minister Anwar Ibrahim as saying that the country has not received any information about Low's whereabouts. See also China tests entire city for virus as WHO slams herd immunity idea () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
Free Malaysia Today
20-07-2025
- Politics
- Free Malaysia Today
No info on Jho Low being in Shanghai, says PM
Prime Minister Anwar Ibrahim said the government has yet to receive any information about Low Taek Jho being in Shanghai, China, and holding a fake Australian passport. (Johnshen Lee pic) GEORGE TOWN : Prime Minister Anwar Ibrahim said today he has no information on a claim that fugitive financier Low Taek Jho, or Jho Low, is living in Shanghai, China. He said the home ministry would need to check on the claim about Low's whereabouts. 'I have no information. We haven't received any information on this,' he said briefly to reporters after the groundbreaking ceremony of Kompleks Madani at Teluk Kumbar. Late yesterday, investigative journalists Bradley Hope and Tom Wright said Low, the alleged mastermind in the 1MDB scandal, is believed to be residing in a high-end neighbourhood in Shanghai and holding a fake Australian passport. In a YouTube livestream, they said they had gathered evidence from various sources and newly uncovered documents which showed that Low is living in a mansion in Green Hills, an 'ultra high-end neighbourhood' in Shanghai. They said Low was using a fake Australian passport with the Greek name Constantinos Achilles Veis to hide his identity. Hope and Wright also claimed that Low was now working as a 'behind-the-scenes strategist for the Chinese government'. His role allegedly includes helping sanctioned companies from China 'navigate difficulties around the world'. The duo are former Wall Street Journal journalists who broke many of the key early 1MDB stories and co-wrote the book 'Billion Dollar Whale' about the scandal. Low, who has been charged in Malaysia and the US over allegations that he orchestrated the theft of US$4.5 billion from 1MDB, was previously said to be in Macau, although Beijing has denied protecting the fugitive financier.
Malay Mail
19-07-2025
- Business
- Malay Mail
Jho Low resurfaces? 1MDB fugitive allegedly living in Shanghai under Greek alias, fake Australian passport (VIDEO)
KUALA LUMPUR, July 19 — Fugitive Malaysian financier Low Taek Jho, better known as Jho Low, has supposedly been located in a luxury neighbourhood in Shanghai, China, where he is said to be living under a false identity and working with entities linked to the Chinese government. Former Wall Street Journal reporters Bradley Hope and Tom Wright — who broke key details of the 1Malaysia Development Berhad (1MDB) corruption scandal and co-authored Billion Dollar Whale — claimed that Low is now residing in Green Hills, an exclusive enclave in Shanghai. The duo made the claims during a live stream titled Finding Jho Low, hosted yesterday by their investigative platform, Project Brazen. They alleged that Low is using the alias Constantinos Achilles Veis and carrying a fake Australian passport, which allows him to travel within China while concealing his identity. 'Jho Low is now a behind-the-scenes strategist for the Chinese government,' Hope said. They added that Low's alleged responsibilities include 'helping sanctioned Chinese companies navigate difficulties around the world.' Low is the alleged mastermind behind the 1Malaysia Development Berhad (1MDB) scandal, in which at least US$4.5 billion (approximately RM19 billion) was misappropriated from the Malaysian sovereign wealth fund. The US Department of Justice has previously stated that the stolen funds were used to acquire luxury real estate in the US, a private jet, a superyacht, high-value artworks, and to finance the 2013 film The Wolf of Wall Street. Hollywood actor Leonardo DiCaprio, who starred in the film, publicly thanked Low by name during his 2014 Golden Globe Awards acceptance speech. In 2016, US authorities moved to seize assets linked to the film's production, alleging it was funded with embezzled Malaysian money. Low has been on the run since 2015, after international investigations into 1MDB intensified. His whereabouts have remained unknown since, with occasional speculation but no confirmed sightings. Hope and Wright's latest claims represent the most detailed account of Low's location and activities in years. However, there has been no official confirmation from Chinese or Malaysian authorities at the time of writing.
