Indonesia has handed over to Malaysian authorities the
In late February, Indonesian police detained the superyacht Oceanco Equanimity off the coast of Bali in a joint operation with the US Federal Bureau of Investigation. However,
In July, a second request for legal assistance from Indonesia was sent from the FBI, but in compliance with all regulations, and the boat was arrested again.
The FBI believes Equanimity belongs to Malaysian financier Jho Low. The businessman is suspected of embezzling $4.5 billion from the 1Malaysia Development Berhad national fund and laundering the funds through the purchase of luxury goods in various countries, including the US.
The ship was delivered to the shores of Malaysia this week. The authorities of the country intend to claim the right of ownership of the superyacht and put it up for auction. At that, the Ministry of Finance noted that they plan to gain the maximum sum for compensation of losses of the National Fund with the help of this transaction.
Thus, Equanimity, which is valued at $250 million, may become the most expensive superyacht
Equanimity has a steel hull and aluminum superstructure. She can accommodate up to 26 guests and includes nine Andrew Winch-designed cabins, a