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EMBATTLED financier Jho Low is asking the US to declare what it knows about the transfer of a US$250mil super yacht to Malaysia from Indonesia.
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.
Visitors to Auckland soaked up the sun, savoured the wines and enjoyed the euphoria of the America's Cup super yacht races last month. New Zealand's City of Sails scored superbly in terms of hospitability and giving the greenhorn a taste of the sea breeze.
PETALING JAYA: About RM15.5mil was spent on maintaining superyacht Equanimity from August last year until its delivery to Genting Malaysia Bhd last month, says Attorney General Tommy Thomas.
KUALA LUMPUR: Moody's Investors Service expects the increase in capital spending at Genting Bhd's key subsidiaries -- Genting Malaysia and Genting Singapore, can be met by their existing cash and operating cash flows.
NEW ORLEANS (AP) - Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts.