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DOJ Claims There’s Another Yacht Worth RM2.96 Billion That Was Bought With 1MDB Funds

today13 July 2020

Background



It is learned that Low boarded the superyacht at Nice in France, Ibiza in Spain, New York in the US, and the coast around Brazil.

It is also revealed that the yacht was sold to a private company called Oceanus Maritime Ltd in August 2012. The company paid USD688 million (RM2.93 billion) for the vessel, reported Free Malaysia Today.

In the colossal sum, the DOJ filing stated that part of…

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Written by: Yap Wan Xiang


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