Tycoon Low Taek Jho, better known as Jho Low, merely played the role of a coordinator in a hotel takeover bid in which 1Malaysia Development Berhad (1MDB) was part of.
Low's office said this in response to queries by Malaysiakini about the businessman's alleged backing by 1MDB in a £1.028 billion (RM5.7billion) takeover bid of Maybourne Hotel Group in UK.