1MDB is sole owner of superyacht Equanimity

PETALING JAYA: It is now clear that the superyacht Equanimity is owned solely by 1Malaysia Development Bhd (1MDB) with no competing claims.

Lawyers representing the Malay­sian government issued a statement yesterday saying the US Department of Justice’s (DoJ) withdrawal of its forfeiture suit to seize the superyacht acknowledges the finality of the declaration of the Malaysian Admiralty Court’s on the vessel’s ownership.