Seized Superyacht Linked to 1MDB Probe Arrives in Malaysia
A $250 million superyacht, impounded as part of a hunt for assets linked to the multi-billion dollar investigation into 1Malaysia Development Bhd, arrived at a port in Malaysia on Tuesday about six months after it was seized.The Cayman Islands-flagged Equanimity was first seized in the Indonesian holiday venue of Bali in February at the request of U.S. authorities investigating 1MDB.The Malaysian state fund is at the center of money-laundering probes in at least six countries, including the United States, Switzerland and Singapore. A total of $4.5 billion was misappropriated from 1MDB by high-level officials of the fund and their associates, according to the U.S.
Luxury Yacht Seized in Money Laundering Probe
Indonesian police on Thursday questioned the captain and crew of a luxury yacht in Bali at the request of U.S. authorities, probing alleged money laundering at a Malaysian state fund, they said. The yacht was impounded in Bali on Wednesday amid a multi-billion dollar corruption investigation launched by the U.S. Department of Justice (DOJ) and tied to Malaysian state fund 1Malaysia Development Berhad (1MDB). Police seized the yacht, Equanimity, after receiving a letter on Feb. 21 from the U.S.
U.S. Donates Patrol Boats for Indonesian Police
The U.S. government handed 15 patrol boats to the Indonesian police and agreed for additional funding for police reform totaling $6.4m. The high-speed patrol boats and support equipment are provided by the U.S. Department of Justice International Criminal Investigative Training Assistance Program (ICITAP), funded by the State Department Bureau for International Narcotics and Law Enforcement (INL), the U.S. Embassy said in a statement. The patrol boats will be deployed in the waters of Sulawesi, Sumatra and Kalimantan to assist the police in their maritime security efforts throughout the archipelago. 　 Source: Xinhua
