Jho Low and others are accused by authorities of siphoning 1MDB funds for personal use including buying the Equanimity which was completed in 2014 and is.

Equanimity superyacht cost. The 90m ship formerly owned by Jho Low also known as Low Taek Jho failed to sell at auction last year after being seized by the Malaysian government and. The Government of Malaysia has announced that the 915-metre Oceanco yacht Equanimity will be sold to Genting Malaysia Bhd or its special purpose vehicle SPV for the price of 126000000. The superyacht cost him or rather the Malaysian people allegedly US250 million.

Proceeds from the sale of The Arrest of the Superyacht Equanimity will be donated to identified charities. Now known as Tranquility the sale price of the superyacht appears unlisted though it was sold to casino operator Genting Malaysia Bhd for RM5208 million in April 2019. AG breaks down RM155m costs for Equanimity sale.

Equanimity the multi-million dollar superyacht that once belonged to the alleged mastermind of Malaysias 1MDB scandal Low Taek Jho Jho Low has been sold for a very. Save by subscribing to us for your print andor digital copy. 1MDB-linked Equanimity valued at S340m could become most expensive superyacht to be auctioned With the Equanimity now in Malaysian custody all eyes are on the fate of the luxury yacht.

With the vessel now in Malaysian custody. Attorney-General Tommy Thomas has provided a breakdown of the costs incurred after concluding the seizure and subsequent sale of the superyacht. It spent 35 million on maintenance since reclaiming her.

It comes after Genting Malaysia Bhd made the 126m 959m successful bid for the yacht. The Equanimity was commissioned by a Malaysian named Jho Low with funds that he allegedly misappropriated from the Malaysian sovereign fund 1MDB. Equanimity could smash the world record for the most expensive superyacht ever to be sold at auction in the event it goes under the hammer.

The seized superyacht Equanimity has been renamed Tranquility by its new owner destination resort business Genting Malaysia Bhd. Marine Traffic confirms by the yachts AIS that the 915 metre Oceanco superyacht lies in Singapore under the altered name. Petaling JayaEquanimity the luxury superyacht that belonged to the fugitive financier at the heart of the 1MDB scandal Low Taek Jho has been sold.