{
  "id": 6746482,
  "title": "‘A bank should ask questions’: Five DBS accounts linked to Jho Low associate in 1MDB case",
  "url": "https://urgent.news/2026/09/11/a-bank-should-ask-questions-five-dbs-accounts-linked-to-jho-low-6746482",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T10:38:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/a-bank-should-ask-questions-five-dbs-accounts-linked-to-jho-low-associate-in-1mdb-case"
  },
  "original_language": "en",
  "account": "Five DBS bank accounts linked to an associate of Jho Low, a fugitive businessman, were central to a recent court filing in the 1MDB case, according to a statement by the 1MDB Asset Recovery Task Force. The accounts were opened with DBS in 2013 and saw significant transfer of money among the four associated entities and third parties. These transactions included payouts to a luxury jet charterer, nightclubs, and the purchase of a superyacht, among other activities. The liquidators of four companies named Eric Tan, or Tan Kim Loong, as the sole beneficial owner and signatory on all five accounts. Eric Tan is a Malaysian national and an associate of Jho Low. Despite the DBS's rejection of a $1.3 billion damages claim, the task force emphasized that banks should inquire about such financial movements by shell companies. The task force noted that the recovery efforts are for the benefit of Malaysia and its people.",
  "summary": "The 1MDB asset recovery task force says lenders are ‘gatekeepers of the financial system’.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "‘A bank should ask questions’: Five DBS accounts linked to Jho Low associate in 1MDB case",
        "url": "https://urgent.news/2026/09/11/a-bank-should-ask-questions-five-dbs-accounts-linked-to-jho-low",
        "published": "2026-09-11T03:28:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}