[h=1]Playboy billionaire Jho Low blasts Singapore court on missing millions[/h]
Bangkok: A playboy businessman has hit out at Singapore court evidence that he received "huge" sums of money stolen from Malaysia's sovereign wealth fund as political figures stoke tensions in Kuala Lumpur ahead of elections.
A spokesman for Penang-born Low Taek Jho said allegations against the man better known as Jho Low were politically motivated and "based on unfounded assumptions".
The whereabouts of 34-year-old Mr Low, who hosted lavish parties for Hollywood stars and bought luxury properties in the US, remains unknown.
His luxury 91-metre super-yacht Equanimity has been sailing Asian waters.
"No wrongdoing has been proved in any jurisdiction relating to the alleged misappropriation of 1MDB funds," the Malaysian Insight website quoted the spokesman as saying, referring to the fund 1Malaysia Development Berhad.
Bangkok: A playboy businessman has hit out at Singapore court evidence that he received "huge" sums of money stolen from Malaysia's sovereign wealth fund as political figures stoke tensions in Kuala Lumpur ahead of elections.
A spokesman for Penang-born Low Taek Jho said allegations against the man better known as Jho Low were politically motivated and "based on unfounded assumptions".
The whereabouts of 34-year-old Mr Low, who hosted lavish parties for Hollywood stars and bought luxury properties in the US, remains unknown.
His luxury 91-metre super-yacht Equanimity has been sailing Asian waters.
"No wrongdoing has been proved in any jurisdiction relating to the alleged misappropriation of 1MDB funds," the Malaysian Insight website quoted the spokesman as saying, referring to the fund 1Malaysia Development Berhad.