JAKARTA Indonesia is making preparations to hand over a luxury yacht seized in Bali last month to US authorities targeting assets allegedly bought with money siphoned off from a Malaysian state fund, a police official said on Thursday. The Cayman Islands-flagged Equanimity was impounded by Indonesia amid a multi-billion dollar corruption investigation. (Reuters)
Philippines
Indonesia to hand over luxury yacht to US amid 1MDB probe
Mar 09, 2018
JAKARTA Indonesia is making preparations to hand over a luxury yacht seized in Bali last month to US authorities targeting assets allegedly bought with money siphoned off from a Malaysian state fund, a police official said on Thursday. The Cayman Islands-flagged Equanimity was impounded by Indonesia amid a multi-billion dollar corruption investigation. (Reuters)