uanimity. Seized by the Malaysian government last August and sold for S$170 million earlier this month, the super yacht has been rechristened Tranquility and is currently docked in Singapore.
Genting Malaysia is under the Genting Group, which has casinos in Singapore, the United States, Malaysia, and the United Kingdom. The Genting Group also possesses a shipyard for building superyachts and runs a luxury yacht chartering division. This will rank as the highest recovery to date for the Government of Malaysia from the 1MDB scandal; within a mere eight months from the commencement of this action.”
The Malaysian government seized Low Taek Jho’s superyacht in August 2018 and put it on sale shortly afterward as part of the effort to recover some funds stolen by Low and his cohorts from the state fund 1Malaysia Development Berhad .No ordinary yacht, the Equanimity may well be considered an object at the height of luxury. It can accommodate 22 passengers, as well as the 31 crew members serving those guests.
When the Government of Malaysia seized the yacht last year, Mr Low issued a statement on what it called its “illegal seizure.”
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