CASINO FIRM SNAPS UP 1MDB SUPERYACHT ON THE CHEAP
A SUPERYACHT once owned by a playboy businessman at the heart of a Malaysia corruption scandal is being sold by the authorities for £96m.
The 300ft Equanimity, complete with swimming pool, spa, cinema and helipad, was owned by globetrotting financier Jho Low (pictured with singer Alicia Keys), but has now been snapped up by a casino firm.
Old Harrovian Low, who is on the run, allegedly bought it with money embezzled from Malaysia’s 1MDB sovereign wealth fund in a £2.1bn fraud.
The sale came as Malaysia’s former prime minister Najib Razak went on trial for his alleged role in the scandal. Razak, who is accused of pocketing £522m from the sovereign wealth fund, denied seven charges.
The Equanimity was seized by police last year and has been auctioned off