I have no legal standing to control 1MDB, subsidiaries: Jho Low

Businessperson Low Taek Jho contended he has no legal standing to control 1MDB and its four subsidiaries.

The wanted individual, also known as Jho Low, made this assertion in his statement of defence that he held no official positions in the sovereign wealth fund nor its four subsidiaries.

The court document is a response against a civil action by 1MDB and the four subsidiaries over alleged manipulation...