To recap, Equanimity was seized in Feb last year at Bali, Indonesia, as part of more than US$1.7 billion in assets which the US Department of Justice (DoJ) claims were acquired by Low with money allegedly siphoned from 1MDB.
SINGAPORE (April 3): Equanimity, the multi-million dollar superyacht that once belonged to the alleged mastermind of Malaysia’s 1MDB scandal Low Taek Jho (Jho Low), has been sold for a “very satisfactory sale price” of US$126 million ($170.6 million) to KLSE-listed Genting Berhad.
The sale price is nearly half of the US$250 million which Low supposedly paid for the yacht in 2014, and under superyacht specialist Winterbothams’ guide price of US$130 million.
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