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US judge denies request for Jho Low to hold on to seized superyacht

Bloomberg
Bloomberg • 2 min read
US judge denies request for Jho Low to hold on to seized superyacht
(Apr 4): The US$250 million ($327.7 million) yacht the Justice Department claims Malaysian financier Low Taek Jho bought with stolen government funds can be sailed from Indonesia to the US, a judge said.
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(Apr 4): The US$250 million ($327.7 million) yacht the Justice Department claims Malaysian financier Low Taek Jho bought with stolen government funds can be sailed from Indonesia to the US, a judge said.


On Tuesday, US District Judge Dale Fischer in Los Angeles denied the request by the trusts that hold title to the "Equanimity" to keep it anchored in Bali while they’re challenging the 300-foot vessel’s seizure.

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