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$250 mil superyacht at centre of 1MDB scandal sails to Malaysia

THE US$250mil superyacht at the centre of Malaysia’s multi-billion dollar state fund scandal is reportedly headed to the country following Indonesia’s decision to hand over the vessel to the neighbouring government. According to The Star, The Equanimity, which authorities said was owned by fugitive businessman, Low Taek Jho, has arrived in the Indonesian island of Batam on Monday morning. A source told the daily the vessel was navigating through the busy waterway along the Singapore Strait at eight knots on its way to the Batu Ampar port, but did not head to the port as scheduled. SEE ALSO: Indonesian court declares FBI seizure of superyacht illegal As at 9.30am Monday, the yacht was anchored near the Pulau Nong lighthouse near Tering Bay. “The vessel would be docked in Batam, waiting for further instructions from Jakarta on when it would be handed over to the Malaysian authorities,” the source said. Last...

 

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