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Law and Government

Malaysia Denies Jho Low Return; MACC Keeps Probe Active—July 10

July 10, 2026
06:21 AM
4 min read

Key Points

Malaysia denies Jho Low secretly returned in 2025 to negotiate 1MDB debts with Chinese delegation.

MACC confirms investigation into Low remains active and has never been closed.

Malaysia recovered RM31.3 billion in 1MDB assets and repaid RM42.5 billion in debts as of June 30.

Low faces charges for allegedly misappropriating at least US$4.5 billion from 1MDB.

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Malaysia’s Deputy Finance Minister Liew Chin Tong rejected claims on July 9 that fugitive businessman Jho Low secretly entered the country in 2025 with a Chinese delegation to negotiate 1MDB debts. The Malaysian Anti-Corruption Commission confirmed the same day that its investigation into Low remains active and has never been closed. Low faces charges in the United States and Malaysia for his alleged role in misappropriating at least US$4.5 billion from state fund 1Malaysia Development Berhad.

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What Malaysia’s government said about the reports

Deputy Finance Minister Liew Chin Tong denied the allegations in Parliament after lawmakers questioned him on July 9. Sarawak Report and the Wall Street Journal had separately reported in May that Low was in talks with Malaysian authorities or had entered Malaysia as part of a Chinese delegation to negotiate 1MDB-linked debts. Liew said the government still has to pay an estimated RM20.1 billion (S$6.4 billion) of 1MDB’s debts. The fund’s total obligations stand at RM51.4 billion.

Malaysia’s 1MDB asset recovery progress

Malaysia has recovered RM31.3 billion in 1MDB-linked assets so far, according to Liew’s statement. The government has also repaid RM42.5 billion in 1MDB-related debts and commitments as of June 30, 2026. Asset recovery efforts remain ongoing through criminal and civil proceedings against Low and financial institutions that enabled the scandal, Liew said.

MACC says investigation into Low is still active

Malaysian Anti-Corruption Commission chief Datuk Seri Abd Halim Aman dismissed speculation that the commission had halted its probe into Low. “The investigation into Jho Low is still ongoing. It has never been closed,” he said on July 9. MACC is focusing on offences under the Malaysian Anti-Corruption Commission Act 2009 and anti-money laundering laws, including possible corruption, abuse of power, criminal breach of trust, and money laundering. The commission is also investigating Ops Agam, which involves a luxury property in the United States allegedly linked to 1MDB funds, with assistance from the FBI and other international enforcement agencies.

Who is Jho Low and what are the charges

Low Taek Jho, known as Jho Low, faces multiple charges including corruption and money laundering in the United States and Malaysia. He allegedly played a central role in misappropriating at least US$4.5 billion from 1MDB. Low has consistently denied wrongdoing and his whereabouts remain unknown. The 1MDB scandal, uncovered by Sarawak Report, involved the theft of billions of dollars from the Malaysian state development fund.

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Final Thoughts

Malaysia’s denial and MACC’s reaffirmation that investigations continue signal the government remains committed to pursuing Low despite his fugitive status. With RM31.3 billion recovered and ongoing asset recovery efforts, the case remains active across multiple jurisdictions.

FAQs

How much money did Jho Low allegedly steal from 1MDB?

Low allegedly misappropriated at least US$4.5 billion from 1Malaysia Development Berhad. He faces charges in the United States and Malaysia for his central role in the theft.

Did Jho Low return to Malaysia in 2025?

Malaysia’s Deputy Finance Minister denied on July 9 that Low secretly entered the country in 2025 with a Chinese delegation. Sarawak Report and the Wall Street Journal had reported this in May.

Is the investigation into Jho Low still ongoing?

Yes. The Malaysian Anti-Corruption Commission confirmed on July 9 that its investigation into Low remains active and has never been closed, despite speculation otherwise.

How much has Malaysia recovered from the 1MDB scandal?

Malaysia has recovered RM31.3 billion in 1MDB-linked assets so far and repaid RM42.5 billion in 1MDB-related debts and commitments as of June 30, 2026.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

About Author

Author

Danny Kontos

Co Founder

Danny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.

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