Fugitive businessperson Jho Low has slammed the Wall Street Journal over an article which alleged that he had sought refuge in China after the May 9 elections.

While not denying the contents of the article, Low accused the writers of the article of breaching journalistic ethics by reporting on a matter to advance their book.

This was in reference to Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World, set to be released in September, by WSJ writers Tom Wright and Bradley Hope, who have been reporting on Low and 1MDB since 2015.

"Today's WSJ article was obviously planted there by the Mahathir regime, working with these reporters towards a common goal: The WSJ reporters have a book coming out next month that they are trying to sell, while Mahathir is intent on advancing his own corrupt political agenda by assigning guilt without any form of legal process.

"For WSJ, it is a gross breach of journalistic ethics. There is a clear conflict of interest in allowing reporters with a financial interest in a particular narrative to report on these matters.

"Any facts that get in the way of the themes of their upcoming book are ignored, while any source — no matter how self-interested — who advances their storyline is believed," said a spokesperson for Low.

The statement was released this evening through Sydney-based PR firm Wells Haslem Mayhew Strategic Public Affairs.

What is the Equanimity: A recap

Low: No surrender

Meanwhile, Low said that there was no jurisdiction where he can get a fair hearing.

"To reiterate: Mr Low will not submit to any jurisdiction where guilt has been predetermined by politics and self-interest overrules the legal process," said the spokesperson.

According to WSJ, Low, his wife and two children, had fled from Macau after being "spooked" by BN's defeat in the May 9 elections, people familiar with his activities said.

"In a penthouse suite, staff and family members packed up suitcases of documents as a pair of burly Chinese men worked out Mr Low’s logistics on laptops”, one of the people said.

"As they left, an aide to Mr Low wiped down countertops with alcohol to remove any fingerprints, the person said.

"Mr Low then began moving between hotel suites and luxury apartments in Chinese cities, including Hong Kong and Shanghai with his wife, two young children and close associates," the report said.

Malaysian authorities have yet to disclose Low's whereabouts, although he is widely believed to be hiding in China.

The US Department of Justice (DOJ) had accused Low of being at the heart of a massive scam to defraud 1MDB, which borrowed RM42 billion for investments but had little to show in return.

Thus far, the Malaysian authorities have seized the superyacht Equanimity which the DOJ claimed was acquired by Low using 1MDB funds.

Low had described the seizure as "illegitimate" and accused Mahathir of "hijacking" legal proceedings by other jurisdictions.