Umno Youth trains its guns on Jho Low
Umno Youth chief Khairy Jamaluddin has urged the authorities to probe businessman Jho Low, who recently told business monthly Euromoney that "those Umno guys are spin masters".
In a tweet today, Khairy said Umno Youth supported Prime Minister Najib Abdul Razak and wanted investigations into 1Malaysia Development Bhd (1MDB) as well as Low.
Umno Youth chief Khairy Jamaluddin has urged the authorities to probe businessman Jho Low, who recently told business monthly Euromoney that "those Umno guys are spin masters".
In a tweet today, Khairy said Umno Youth supported Prime Minister Najib Abdul Razak and wanted investigations into 1Malaysia Development Bhd (1MDB) as well as Low.
His tweet also attached a portion of The Edge Financial Daily 's front page today, which quoted Low accusing Umno of being spin masters.
However, the actual interview was conducted by Euromoney for its April issue.
Low had told Euromoney that although 1MDB had sought his advice on certain matters, he had never profited from the company in any way and has no official role in the firm.
He claimed that his only links with the company was that he had helped set up the Terengganu Investment Authority (TIA) - 1MDB's predecessor.
Go after 1MDB decision makers
Low said he was now being targeted because of attempts to divert attention away from bad decisions made by the company.
"It's so frustrating... I've never faced this kind of attack from all directions. It's just crazy, and these Umno guys are spin masters, they know all this sort of nonsense.
"All these guys go round and round and round and I say: 'Guys, it's very simple, there's a board, who's the shareholder?'
"Have you ever seen one statement from anyone that talks about the simple governance of a company?
"Are you telling me the prime minister doesn't make his own decisions? That the ministry, the minister of finance, who is the prime minister – and there are only two to three people in the Finance Ministry that sign off on shareholder resolutions under law – that none of them... that they just signed without evaluating it?
"Did the people supposed to be responsible for decision-making (at 1MDB) suddenly decide to absolve all their responsibilities and then create this PR campaign with me as the focus of it?
"No one seems to ask the question who is the ultimate decision-maker on 1MDB? No one asks that. No one ever asks about the shareholders' role," Low added.
@Khairykj @NajibRazak @1MDB YB, I support fully. Apologies 4 the misunderstanding caused by misinformation of those who want 2cause a rift!
— Jho Low (@jho_low) April 14, 2015

