You are using an older browser version. Please use a supported version for the best MSN experience.

Dr M: US confirms Equanimity bought by Jho Low using 1MDB funds

Malay Mail logo Malay Mail 11/8/2018 Kenneth Tee
Prime Minister Tun Dr Mahathir Mohamad gives a press conference after visiting the Equanimity at the Boustead Cruise Centre Terminal in Port Klang August 11, 2018. — Picture by Azinuddin Ghazali © Provided by Malay Mail Prime Minister Tun Dr Mahathir Mohamad gives a press conference after visiting the Equanimity at the Boustead Cruise Centre Terminal in Port Klang August 11, 2018. — Picture by Azinuddin Ghazali

PORT KLANG, Aug 11 — US authorities have confirmed that superyacht Equanimity was purchased by Taek Jho Low using funds stolen from 1MDB, Tun Dr Mahathir Mohamad said today.

“They have identified this boat as being bought with stolen money from 1Malaysia Development Berhad (1MDB) and it belonged to Jho Low.

“They have documents on this and said if we wanted to keep it, we are entitled to it because it was bought with our stolen money,” the prime minister said after visiting the Equanimity in Pulau Indah.

Dr Mahathir added that the seizure of the Equanimity did not violate any ongoing investigations by the United States authorities.

Dr Mahathir said Malaysia has discussed the matter with the US Department of Justice (DOJ) and the latter has agreed not to take any legal action.

MORE TO COME

More From Malay Mail

image beaconimage beaconimage beacon