One of the writers of the ‘Billion Dollar Whale’ best seller was tipped on Jho Low funding the Malaysian news portal The Malaysian Insider and on 1MDB actors attempting to buy a bank in Mauritius. “The writers of the Billion Dollar Whale book did not mention that Jho Low was funding the Malaysian news portal in their best seller. On Friday, The Edge reported that Jho Low or Low Taek Jho, accused of siphoning money from 1MDB and seen as ex-PM Najib Razak’s main associate in the scandal that rocked the world, was funding TMI. it says Jho Low had given a whopping US$9 million (now RM37.5 million) to bankroll former news portal TMI back in 2010. The Edge, which bought over TMI in 2014, however says it was not aware the portal was funded by Jho Low.

Source: Wall Street Journal June 23, 2019 11:48 UTC