Indonesia govt seizes Jho Low's US$260 mil superyacht in Bali
Michelle Zhu • • 2 min read
SINGAPORE (Feb 28): Billionaire Low Taek Jho’s 300-foot luxury superyacht, The Equanimity, is reported to have been seized in Bali by the Indonesian government today.
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SINGAPORE (Feb 28): Billionaire Low Taek Jho’s 300-foot luxury superyacht, TheEquanimity, is reported to have been seized in Bali by the Indonesian government today.
The yacht is among several assets purchased through stolen funds from 1Malaysia Development Berhad (1MDB) that the US Department of Justice (DoJ) is moving to seize from Low, nicknamed Jho Low and often referred to as the mastermind of the 1MDB corruption scandal.
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