PETALING JAYA - Businessman Low Taek Jho is believed to be hiding in Macau, according to a report by The Malaysian Reserve.
It is learnt that Malaysian authorities are unable to pursue Low, better known as Jho Low, as the country does not have an extradition treaty with Macau, the paper said, quoting a "government source".
Low is at the centre of the debt-laden and scandal-ridden 1Malaysia Development Bhd (1MDB) fund.
On June 8, Prime Minister Tun Dr Mahathir Mohamad said that Low was hiding in a country with which Malaysia has no extradition treaty.
"We are trying to arrest Jho Low, but he is not in the country. And we do not have extradition rights in the country where he is hiding," he said.
The Malaysian Anti-Corruption Commission (MACC) has issued an arrest warrant for Low and SRC International Berhad director Nik Faisal Ariff Kamil.
The duo are suspects in an investigation into SRC, the former 1MDB subsidiary that had allegedly transferred RM42mil into the personal account of former prime minister Datuk Seri Najib Tun Razak.