Firm under Jho Low’s control when acquisition approval given to TH
Finance minister II Amir Hamzah Azizan says this was based on sworn testimony in the SRC International case.
The acquisition process for Lembaga Tabung Haji's (TH) 30% stake in Putrajaya Perdana Bhd in 2014 took place while the company was reported to be under the control of Jho Low, through Utama Banking Group Bhd (UBG Bhd). This was according to sworn testimony in the SRC International case, which was presented to the Dewan Rakyat by Finance Minister Amir Hamzah Azizan during a special sitting to review the royal commission of inquiry (RCI) report on TH's management and operations.
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- Firm under Jho Low’s control when acquisition approval given to TH freemalaysiatoday.com
