Bali police seize luxury superyacht linked to 1MDB scandal and wanted businessman Jho Low
The 92-metre vessel is part of US$1.7 billion worth of high-value assets allegedly bought with stolen funds
Indonesia on Wednesday seized a luxury yacht on the island of Bali sought by the US as part of a multibillion-dollar corruption investigation linked to Malaysian state fund 1Malaysia Development Berhad (1MDB) and wanted businessman Jho Low.
“We have been inspecting the crew since yesterday and now we are taking action since we have received approval from the court to seize the boat,” Agung Setya, director of economic and special crimes at the Indonesia’s criminal investigation bureau, told Metro TV.
Indonesian television footage showed officials talking to the crew on board the moored yacht, named “Equanimity”, at Benoa Bay.
There were 34 crew on board, Setya said, adding that Indonesian authorities had worked with the US Federal Bureau of Investigation on the money-laundering case, although he could not say how the investigation would proceed.
“We will see how this develops … Whether we can do a joint investigation later or whether we can hand it over later, we are in the process of collecting and investigating.”