Indonesia to hand over Jho Low’s yacht


KUALA LUMPUR: Indonesia has agreed to hand over to Malaysia a US$250mil (RM1.02bil) luxury yacht linked to a corruption scandal at a Malaysian state fund that it impounded in Bali earlier this year, Indonesian authorities said.

The Cayman Islands-flagged Equa­ni­­mity was seized in 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 1Malay­­sia Development Berhad (1MDB).

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Courts & Crime , 1MDB , Indonesia , Malaysia ,

   

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