A MALAYSIAN Anti-Corruption Commission (MACC) investigation has revealed that one of four Bugatti Veyron cars seized in Munich, Germany, is owned by Malaysian fugitive Low Taek Jho.
Jho Low, as the financier is popularly known, is suspected of purchasing the supercar using money stolen from 1Malaysia Development Bhd (1MDB).
Quoting sources, Utusan Malaysia reported that the rest of the supercars were believed to be linked to Khadem Al Qubaisi, who is the former head of Abu Dhabi’s International Petroleum Investment Company, and Mohamed Badawy Al-Husseiny, former CEO of Abu Dhabi firm Aabar Investments PJS.
“These people have been on the MACC's radar," revealed the source.
It was reported in Germany that police had seized four rare Bugatti Veyron cars linked to the 1MDB scandal.
The vehicles are part of the “Legends” series of Bugatti hyper cars. Only 18 cars were produced under the series.
The four vehicles are the Rembrandt, Black Bess, Jean-Pierre Wimille and Meo Constantini editions.
Each car is valued at around US$3 (RM14.3) million. – April 30, 2024
