Equanimity yacht leaves Bali for Batam

  • Nation
  • Saturday, 04 Aug 2018

Cayman Island-registered vessel Equanimity, sits in waters off Tanjung Benoa on Indonesia's resort island of Bali on April 4, 2018. - AFP

PETALING JAYA: The US$250mil (RM1bil) superyacht Equanimity, which purportedly belonged to fugitive businessman Low Taek Jho, also known as Jho Low, has left Tanjung Benoa port in Bali on Thursday (Aug 2), heading to Batam.

A source told The Star that the yacht would arrive at Batam's Batu Ampar port on Monday (Aug 6) before it would be handed over to the Malaysia Government.

"The vessel sailed from Tanjung Benao port late Thursday morning. It anchored near Pulau Kangean in the sea off Bali on Thurday night."

The vessel, said the source, is expected to arrive at Batu Ampar port and wait for the final go-ahead from Jakarta for the handing over.

Reuters reported that the Indonesia Government has agreed to hand over to vessel linked to the 1MDB scandal to the Malaysian Government.

Although no date was given on when the vessel would be delivered to Malaysia, the source said it would likely be sometime next week.

"The yacht will be taken to a Johor port where it would be handed over to the Malaysian authorities," said the source. "However, this arrangement, is pending the final go-ahead from Jakarta."

The vessel was seized on February at the request of US authorities as part of a multi-billion dollar corruption investigation launched by the Department of Justice (DoJ) related to 1MDB.

A Jakarta court ruling in April declared the yacht was wrongfully impounded and was released to its owners after they got a court motion to declare the seizure was illegal.

However, the vessel was not allowed to leave Tanjung Benoa port.

In July, Indonesian police seized the yacht again following a formal request for legal assistance from the US.

Reuters reported the decision to hand over the yacht to Malaysia was reached following a personal request made by Prime Minister Tun Dr Mahathir Mohamad who visited Indonesia in June.

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