Indonesia seize luxury yacht Equanimity sought in 1MDB probe

Published on 28 Feb 2018 6:28:49 PM

Indonesia on Wednesday seized a luxury yacht on the island of Bali sought by the US Department of Justice as part of a multi-billion dollar corruption investigation linked to 1Malaysia Development Berhad (1MDB).The US$260mil yacht, Equanimity, was allegedly bought by a former unofficial adviser to 1MDB, Jho Low, with money misappropriated from the fund.