Fugitive businessman Low Taek Jho was said to have paid US$250 million for the yacht, which has a swimming pool, spa and sauna, among others.
KUALA LUMPUR: Putrajaya has agreed to sell a superyacht linked to a multi-billion dollar scandal at state fund 1MDB to casino operator Genting Malaysia Bhd for US$126 million, Attorney-General Tommy Thomas said today.
The superyacht Equanimity is among assets allegedly bought by fugitive financier Low Taek Jho and his associates with money taken from the fund, US and Malaysian officials have said. Low allegedly paid US$250 million for the yacht, which has an interior clad in marble and gold leaf, a spa and sauna, a 20-metre swimming pool, a movie theatre and helipad.
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Source: Jho Low’s yacht might go for under half its original price | Malay MailKUALA LUMPUR, April 3 — The government could drop the asking price for the Equanimity superyacht seized from Low Taek Jho to US$100 million or less than half its US$250 million (RM1.42 billion) value when new, according to one source. The person said new bids have come in for the vessel but some...
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