Bali Police, FBI Seize Jho Low’s Luxury Yacht

2593
- Advertisement - [resads_adspot id="2"]

Indonesia seized a luxury yacht today on the tourist island of Bali that is wanted by the US Department of Justice (DoJ) as part of a multi-billion dollar corruption investigation linked to 1MDB.

According to Indonesian media, the seizure was a joint action between the Indonesian authorities and the US Federal Bureau of Investigation (FBI).

“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 Indonesia’s criminal investigation bureau was quoted saying.

Television footage showed Indonesian officials talking to the crew on board the moored yacht.

It is not known whether Jho Low, the owner of the superyacht, was on board.

 

In June, the DoJ filed a civil case seeking recovery of $540 million in assets that it says were stolen from 1MDB. Overall, it alleges that more than $4.5 billion was stolen from the fund.

The 58th largest yacht in the world according to Boat International magazine, The Equanimity has a crew of 28 and can accommodate 26 guests in a master suite, three VIP rooms, three doubles and two twin staterooms.

It features a spa/beach club with a sauna, steam room, ‘experiential shows’, a plunge pool, beauty salon and gym.

It also has a 20-metre swimming pool and is one of the few superyachts with a helipad.