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AG: Equanimity to be liquidated if nobody else lays claim

  • Aug 14, 2018
The Equanimity will be liquidated if nobody else besides 1MDB lays claim over the superyacht in the next two to three months, said attorney-general Tommy Thomas.Following this, the government would keep the funds in a fixed deposit.Thomas said the legal process would be done through the Admiralty High Court in Kuala Lumpur and the government would apply for the necessary orders.The yacht, which is estimated to be worth RM1 billion, has been linked to fugitive financier Jho Low, who is accused of
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IGP: Various agencies involved in guarding Equanimity

  • Aug 12, 2018
A special meeting to coordinate security control on the luxurious yacht Equanimity was held yesterday involving numerous related agencies. Inspector-general of police Mohamad Fuzi Harun said besides the Royal Malaysian Police (PDRM), the Royal Malaysian Navy (RMN), General Operations Force (GOF), Malaysian Armed Forces (ATM), Malaysian Immigration Department (JIM) and the Boustead Naval (BN) Shipyard were involved in keeping watch on the luxurious yacht. “The patrol is coordinated on a 2
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After Equanimity, M’sia looking to retrieve Low’s private jet

  • Aug 12, 2018
Now that the 1MDB-linked superyacht Equanimity is back in Malaysian shores, the government is now looking into retrieving fugitive financier Jho Low’s private jet. Prime Minister Dr Mahathir Mohamad stated Malaysia must now turn its attention towards bringing back the jet when questioned on the matter today. “Yes, I think so, we have to bring it (the private jet) back,” the premier said after visiting an art exhibition titled ‘Tun M: A Forever Legacy’ at the Malaysia Agro Exposit
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Dr M finally boards 1MDB-linked superyacht Equanimity

  • Aug 11, 2018
Prime Minister Dr Mahathir Mohamad has boarded the RM1 billion superyacht Equanimity, which is involved in the 1MDB scandal.He arrived at the Port Klang jetty where the yacht is docked at around 11.40am, and was promptly escorted to the docking bay.An entourage of 13 people were allowed onto the yacht, including Mahathir, Defence Minister Mohamad Sabu, Finance Minister Lim Guan Eng and Deputy Defence Minister Liew Chin Tong, after obtaining the court’s permission yesterday.The tour took around
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AG won't stand for mediocrity, says Hanipa on Equanimity row

  • Aug 10, 2018
The attorney-general (AG) in appointing his ex-colleague to the Equanimity team is only doing what is best for the country, said Deputy Minister in the Prime Minister's Department Hanipa Maidin. “Our learned AG is a results-oriented guy. Hence, he only wants the best in his team. “He will never compromise (and go for) mediocrity. "Be that as it may, the appointment of the said lawyer ought to be viewed from such a perspective,” he said in a statement today. Hanipa said the appo
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Equanimity Ltd seeks clarification on US role in yacht handover to M'sia

  • Aug 10, 2018
Lawyers representing the company Equanimity (Cayman) Ltd are asking a US court to direct the US Department of Justice (DOJ) to clarify whether the US government had a role in the superyacht Equanimity’s handover to Malaysian authorities. They noted that while DOJ officials claim that the US government had no involvement in the handover, Malaysian attorney-general Tommy Thomas had issued a press statement thanking the US government for helping to bring the yacht to Malaysian waters. They
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Top lawyers agree Sitpah most qualified for Equanimity case

  • Aug 10, 2018
The appointment of veteran lawyer Sitpah Selvaratnam to the government's legal team tasked with laying legal claim to the Equanimity super-yacht of the infamous 1MDB affair has raised an objection.This from Umno Youth's Young Lawyers secretariat who questioned the move pointing out that Sitpah is part of attorney-general Tommy Thomas' former law firm.The secretariat's chairperson Nik Saiful Adli Burhan claimed that this could lead to a conflict of interest. Three prominent figures within the cou
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Ship manager to be appointed for Equanimity soon, says lawyer

  • Aug 9, 2018
Lawyer Jeremy Joseph who is representing 1MDB said a qualified and a competent ship manager will be appointed in due course to manage the luxury superyacht Equanimity throughout its seizure period at Port Klang. He said a security manager was needed to take care the needs of the captain and the 17 crew members of the vessel, which arrived here yesterday. “What is important now is to make sure we appoint a qualified and competent ship manager (company) to manage the vessel during the arre
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Equanimity crew worried when armed cops came onboard - captain

  • Aug 9, 2018
The captain of the Equanimity has revealed that he was “worried” when armed police officers first boarded the superyacht as it arrived in Malaysian waters yesterday.But Oystein Senneseth told The Star Online that his crew began to settle down thereafter.“To be honest, in the beginning, we were a little worried ... (it was) a new situation for everybody.“But after a while they got more used to it and settled (down),” he was quoted as saying.The Equanimity was escorted by four Malaysian
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What is the Equanimity

  • Aug 8, 2018
After being hunted by various authorities for over a year, the superyacht Equanimity has finally been brought to Malaysia under police custody.Here is a quick recap on what the Equanimity is about.What does the word 'equanimity' mean?According to the Oxford English Dictionary, the word 'equanimity' is a noun that means “calmness and composure, especially in a difficult situation”.What about the yacht 'Equanimity'?The Equanimity is a 91.5-metre-long and 14.6-metre-wide yacht. Weighing in at 2
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