https://www.tnp.sg/news/singapore/jho-lows-jet-seletar-airport-says-singapore-spokesman
Jho Low's jet is at Seletar Airport, says Singapore spokesman
A Bombardier Global 5000 luxury jet, similar to the plane above, is parked at Seletar Airport, and is believed to belong to fugitive businessman Low Taek Jho. FILE PHOTOS: LIANHE ZAOBAO, THE STAR
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Aug 15, 2018 06:00 am
In response to queries from The Straits Times, a police spokesman said: "An aircraft that is the subject of ongoing 1MDB-related investigations is parked at Seletar Airport.
"Singapore has not received any formal request from the Malaysian authorities seeking the return of the aircraft."
He added that any such request, along with others for the return of seized 1MDB-related assets, will be dealt with in accordance with Singapore's legal framework.
Malaysian Prime Minister Mahathir Mohamad on Sunday told reporters that his government was looking to bring home the private jet, which is believed to be among the assets acquired from about US$1 billion (S$1.37 billion) allegedly misappropriated from the state investment firm 1Malaysia Development Berhad (1MDB).
The Bombardier Global 5000 aircraft was reported to have been impounded by the Singapore authorities last year and grounded. It is believed that the jet, which Mr Low bought in 2010 for just over US$35 million, is housed in a hangar belonging to aviation firm Jet Aviation, which also does aircraft maintenance and repair works.
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Last week, Malaysia seized a US$250 million superyacht, the Equanimity, with cooperation from the Indonesian authorities. Mr Low had also allegedly bought the vessel with funds stolen from 1MDB. Malaysian Attorney-General Tommy Thomas was quoted as saying yesterday that the vessel would be sold by the end of this year.
The Malaysian authorities have issued an arrest warrant for Mr Low.
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Jho Low's jet is at Seletar Airport, says Singapore spokesman
PreviousNext
Aug 15, 2018 06:00 am
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In response to queries from The Straits Times, a police spokesman said: "An aircraft that is the subject of ongoing 1MDB-related investigations is parked at Seletar Airport.
"Singapore has not received any formal request from the Malaysian authorities seeking the return of the aircraft."
He added that any such request, along with others for the return of seized 1MDB-related assets, will be dealt with in accordance with Singapore's legal framework.
Malaysian Prime Minister Mahathir Mohamad on Sunday told reporters that his government was looking to bring home the private jet, which is believed to be among the assets acquired from about US$1 billion (S$1.37 billion) allegedly misappropriated from the state investment firm 1Malaysia Development Berhad (1MDB).
The Bombardier Global 5000 aircraft was reported to have been impounded by the Singapore authorities last year and grounded. It is believed that the jet, which Mr Low bought in 2010 for just over US$35 million, is housed in a hangar belonging to aviation firm Jet Aviation, which also does aircraft maintenance and repair works.
Singapore
Malaysia seeks high-speed rail delay
Aug 15, 2018
Last week, Malaysia seized a US$250 million superyacht, the Equanimity, with cooperation from the Indonesian authorities. Mr Low had also allegedly bought the vessel with funds stolen from 1MDB. Malaysian Attorney-General Tommy Thomas was quoted as saying yesterday that the vessel would be sold by the end of this year.
The Malaysian authorities have issued an arrest warrant for Mr Low.
Get The New Paper on your phone with the free TNP app. Download from the Apple App Store or Google Play Store now
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