US denies role in transfer of Jho Low's 1MDB-linked Equanimity yacht to Malaysia

  • Nation
  • Saturday, 18 Aug 2018

WASHINGTON (Bloomberg): The US Justice Department reiterated it was not involved in turning over Low Taek Jho's US$250mil (RM1bil) super yacht to Malaysia from Indonesia as the fugitive financier vowed not to submit to any jurisdiction where his guilt had been predetermined.

Federal prosecutors said their only part in the yacht's handover was to advise the crew members of the "Equanimity" to obey the instructions of the Indonesian government, which had both physical and legal custody of the 300-foot boat, according to a court filing in Los Angeles on Friday (Aug 17).

1MDB , Equanimity , US , Malaysia , Jho Low