The fugitive financier reportedly stepped in to defuse tension between the portal and then PM Najib Abdul Razak.
The Malaysian Insidertoday, Low stepped in as the now defunct site had been under attack from Umno bloggers who alleged it was undermining then prime minister Najib Abdul Razak’s administration.
At the time, Low, whose full name is Low Taek Jho, was a close associate of Najib and had just come off the back of the joint-venture deal between PetroSaudi International Ltd and 1MDB a year earlier., Low stepped in to fund TMI to “diffuse the tension between TMI and the Najib group”. The funding from Low had previously been alluded to in 2013, by Edge-owned FZ.com which reported that TMI received financial"help from a 30-something Penang-born businessperson with close ties to the current BN leadership".
Cheah and Shaik had reportedly funded PR company Fox Communications Sdn Bhd which did work for Low in relation to the PetroSaudi joint venture.reported that Cheah and Shaik started TMI in 2007 to support the administration of Najib’s predecessor Abdullah Ahmad Badawi in the lead-up to the 2008 general election.
When contacted today, TMI then-chief executive officer Jahabar Sadiq said he had no knowledge of the matter.
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