Malaysiakini News

US court rejects bid by owner to keep Equanimity in Indonesia

Published:  |  Modified:

A US district court in California has rejected an ex parte application by the company that owns the Equanimity to keep the 1MDB-linked luxury vessel in Indonesia pending a sale.

District judge Dale Fischer, in his written judgement sighted by Malaysiakini, said Equanimity (Cayman) Ltd "did not establish that any value could be preserved by keeping the superyacht in Indonesia," as opposed to the vessel being moved to US territory...

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