Tan Sri Larry Low Hock Peng
Tan sri larry low hock peng is the son of the late low meng tak.
Tan sri larry low hock peng. The family fortune was consolidated in 2008 into a global family trust for estate planning purposes. Jho low was the youngest of three children. The following court action filed in the cayman island s reveals how tan sri larry low hock peng attempted to become sole trustee of his own family trust via which some the assets seized by the usdoj are held. Hock peng who is low taek jho jho low s father or any of his representatives were nowhere to be seen at the high court to stake a claim on the assets.
The malaysian anti corruption commission macc is seeking to amend the forfeiture notice brought against the father pictured of fugitive businessman low taek jho also known as jho low involving rm48. Following in his father s footsteps larry low was also a contributor to the welfare of his community while simultaneously growing his family s fortune. The court papers were registered with the sessions court in putrajaya this morning and warrants of arrest for the duo were also sought. News about tan sri larry low hock peng prosecution wants to amend forfeiture notice against jho low s father jul 07 kuala lumpur july 7.
Govt seeks to freeze rm48m in jho low s father s accounts the edge markets. Tan sri low hock peng larry low did not turn up in court today to fight the government s move to seize almost rm50 million kept in his bank accounts. Kedua dua ahli perniagaan itu berdepan sembilan pertuduhan berhubung pembabitan dalam skandal berprofil tinggi 1malaysia development berhad 1mdb. He attended chung ling high school and the international school of penang uplands before being sent to the elite harrow school in london.
The government today filed a civil forfeiture action against penang businessman tan sri larry low hock peng to freeze seven of his banking accounts here said to be worth rm48 million. Larry was involved in a diversified range of businesses such as textiles electronics property industrial leisure plantations and corporate services. Larry low s areas of expertise are in matters relating to corporate finance and mergers and acquisitions. As reported the trustees refused to challenge the doj action for fear of being charged with criminal offences.
Jho low s father tan sri larry low hock peng founded investment holding company mwe holdings. Business finance newsletter catch up on stories you can t afford to miss with our curated weekly newsletter. Jho low s father tan sri larry low hock peng is also no stranger to malaysia s corporate scene.