Indonesia hands yacht linked to 1MDB over to Malaysia

Malaysia: Indonesia returns yacht at centre of graft probe

The yacht was seized by the Indonesian authorities in Bali on 28 February 2018 on the application of the US Department of Justice (DoJ).

Ties between Malaysia and Indonesia are close with Mahathir visiting Jakarta in June, his first official tour of the region after a stunning election victory in May over Najib.

Malaysian authorities are seeking to arrest Low Taek Jho, the financier who allegedly bought the Equanimity, a 91 meter (300-foot) yacht registered in the Cayman Islands.

Low, through a spokesman from his legal team, has described the handing over of the yacht to Malaysia as illegal and politically motivated. US investigators said Low, known widely as Jho Low, bought the yacht with proceeds diverted from 1MDB.

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Further, 21% of people who died on the organ donation waiting list in the United Kingdom a year ago were from a BAME background. In Wales, a system of presumed consent is in operation and Scotland has also published a plan for an opt-out donation system.


A luxury yacht allegedly paid for with funds from a multi-billion-dollar scandal that helped topple Malaysia's government arrived outside Kuala Lumpur Tuesday, August 7, with authorities hoping it will help in their prosecution of the country's disgraced former leader. Low, whose Malaysia passport has been revoked, has previously denied any wrongdoing.

His lawyers opposed the U.S. government's request to suspend proceedings to allow it to find out what Malaysia plans to do with the asset, as the government isn't entitled to imposing "undefined, indefinite" delays, they said in the filing.

THE Equanimity was seized under the laws of Malaysia, said Attorney-General Tommy Thomas hours after the luxury yacht docked at the Terminal Boustead Cruise Centre in Port Klang this afternoon.

"We want to know where they obtained so much money to buy such an expensive yacht", he said.

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Sources in the Malaysian Anti-Corruption Commission (MACC) confirmed that the former prime minister will have a new set of charges against him.

Mahathir swiftly reopened an investigation into 1MDB and barred Najib and his wife, Rosmah Mansor from leaving the country.

On July 4, Najib was charged with three counts of criminal breach of trust and one count of using his position for gratification as part of a probe into money missing from 1MDB.

The DoJ has sought to take custody of the Equanimity, after it was seized by Indonesia in February at the request of USA authorities as part of a multi-billion dollar anti-kleptocracy investigation into 1MDB.

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This, despite the fact that the Ohio State coach denied knowing anything about it at Big Ten Media Days last week. Meyer fans showed up in force on Monday with signs - many of them misguided - backing their embattled coach.


The suits allege that $1.7 billion worth of assets were allegedly bought with the stolen funds, which USA officials are seeking to recover.

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