Default judgement on sale of Equanimity out Oct 19, says 1MDB counsel

The superyacht Equanimity, belonging to Jho Low, is brought to Boustead Cruise Terminal in Port Klang, Malaysia on Aug 7, 2018. – Reuters

KUALA LUMPUR: The decision on an application for a judgment in default by 1Malaysia Development Berhad (1MDB) on the sale of superyacht Equanimity, linked to businessman Low Taek Jho, will be known tomorrow (Oct 19).

Counsel Sitpah Selvaratnam, who represented 1MDB, said the proceeding would continue on Friday before Judicial Commissioner Khadijah Idris.