The Sun (Malaysia)

‘I do not know yacht was bought with 1MDB funds’

TABUNG HARAPAN MALAYSIA

- BY TIMOTHY ACHARIAM

KUALA LUMPUR: Former prime minister Datuk Seri Najib Abdul Razak says he has no knowledge that the Equanimity super yacht was purchased using funds from 1Malaysia Developmen­t Berhad (1MDB).

“We do not know ... it’s subject to investigat­ion,” he said when met at the Parliament lobby yesterday. RM (Raised so far)

He also asked for investigat­ions to be conducted to ascertain the yacht’s ownership.

“Of course I have no knowledge of it, I have not been on board. I did not know about it until it came out in the press,” Najib said.

On why the government under him did not pursue the matter, Najib said the government then was more interested in full settlement with the United Arab Emiartes, on the Interna- tional Petroleum Investment Company (IPIC) issue.

“That is worth much more than this Equanimity. But Equanimity, is being used, again, as a populist move.”

What was important, he said, was the overall settlement of the IPIC issue.

“You’re going to get much more in the settlement with UAE and IPIC as opposed to just making an open bid for the Equanimity,” he said.

Luxury yacht Equanimity, linked to businessma­n Low Taek Jho or Jho Low, has arrived in Malaysia after making its way from Indonesia.

The vessel, which was escorted by Malaysian police, docked in Port Klang around 1pm yesterday.

It is learnt that several senior officers from the Marine Police were also on the vessel after it was handed over by Indonesian authoritie­s.

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