Indonesia seizes super yacht at the centre of Malaysian state fund scandal

Indonesia seizes super yacht at the centre of Malaysian state fund scandal

An enormous luxury yacht and its crew - including two Australians - has been seized by police in Bali for having alleged links to an global money-laundering scheme used to fund Hollywood films and lavish lifestyles.

The ship's captain and 34 crew are being questioned, Silitonga said.

Agung Setya, director of economic and special crimes at Indonesia's criminal investigation bureau, told Metro TV, "We have been inspecting the crew since yesterday and now we are taking action, since we have received approval from the court". Port calls show that the vessel entered into Indonesia from Cambodia in October past year, MarineTraffic said, traveling across the equatorial waters of the tropical nation of some 18,000 islands as far east as the island of New Guinea, more than a thousand miles from Bali.

The vessel is an asset believed to be bought with money siphoned from the 1Malaysia Development Berhad (1MDB) state fund.

The official said it was not certain whether the US Federal Bureau of Investigation (FBI) would be involved.

"We will see how this develops ..."

"We're co-ordinating with the USA to get more information", police investigator Agung Setya said.

While Indonesian authorities and the FBI worked together on the money laundering case, it's unclear how the investigation will proceed.

Authorities boarded and searched the Cayman Island-registered vessel, which is reportedly worth some Dollars 250 million and is owned by Jho Low, a former unofficial adviser to the Malaysian fund 1MDB.

Klopp salutes Salah's desire for goals as remarkable scoring run continues
Everton captain Ashley Williams was sent off four minutes from the end for a wild swipe at Barnes. Mane increased Liverpool's lead in the 56th minute.

Tottenham Hotspur with defensive injury concerns ahead of Huddersfield Town clash
Asked at a press conference about Alderweireld being available to play against Juventus , Pochettino struck a pessimistic note. They are a point ahead of Liverpool , who kicks off versus Newcastle to finish Saturday's matches.

Reese Witherspoon, Kerry Washington to Star in' Little Fires Everywhere' TV Series
The series follows a spate of projects from Witherspoon's Hello Sunshine banner, including Wild, Gone Girl , and Big Little Lies . Washington's Simpson Street just landed a pilot order at ABC for comedy Man of the House starring Alyson Hannigan .

"Based on the U.S. investigation, part of the money was used to buy a yacht which has been sailing in Indonesia", said Daniel Silitonga, a senior Indonesian police official, who declined to specify whether the United States hunt for the boat was linked to the 1MDB case.

Since mid-2016, the Justice Department has sought, via civil lawsuits in California, to seize nearly $2 billion in assets allegedly bought with the stolen money, including the Equanimity as well as a Bombardier jet, mansions and royalties from the film "The Wolf of Wall Street".

Mr Razak has consistently denied wrongdoing, despite investigations into the source of millions of dollars that have poured into his personal bank account in the years since.

In August 2017, the DOJ asked for a stay on its civil lawsuits seeking to seize more than US$1.7 billion in assets allegedly bought with stolen 1MDB funds because it was conducting a related criminal investigation.

Mr. Low's whereabouts are unknown.

In an emailed statement through his representative in June a year ago, Low said the DOJ's actions were an example "of global overreach in pursuit of a deeply flawed case".

"Amongst others, it is alleged that the yacht is owned by Jho Low, and that it was purchased with funds from 1MDB".

Some assets have been returned. Australian model and actress Miranda Kerr handed over millions of dollars worth of jewelry that US authorities say was given to her by Low, including a jewelry set gifted to her during a 2014 excursion on Equanimity.

Actor Leonardo DiCaprio also handed back an Oscar once owned by Marlon Brando.

Related Articles

  • My Turn: Ray Rickman: A great movement for gun control

    My Turn: Ray Rickman: A great movement for gun control

    The rise has been primarily among Republicans and independents, with a large increase among Republicans from last December. We are still, of course, grieving, and we do lash out at moments, but ultimately, we are not making this a partisan issue.
    John Lynch makes first public comments following Foster's latest arrest

    John Lynch makes first public comments following Foster's latest arrest

    The league's personal conduct policy mandates a six-game suspension if the NFL determines a domestic violence violation occurred. The San Francisco 49ers are in an awfully good position this offseason when it comes to making moves to improve the 2018 roster.
    Nor'easter winding down as coastal flooding concerns remain

    Nor'easter winding down as coastal flooding concerns remain

    A 6-year-old Virginia boy and adults in Virginia, Rhode Island, and Maryland also died Friday due to fallen trees or tree limbs. Wind speeds reached 80 to 90 miles per hour on Cape Cod, while OH and upstate NY were blanketed by more than a foot of snow.
  • Brazil waits nervously for Neymar's foot operation

    Brazil waits nervously for Neymar's foot operation

    The image-conscious PSG star also posted a close-up of his hand, tattooed with a small cross, holding Marquezine's hand. Lasmar describes the break as serious and says that recovery will take from two and a half to three months.
    Emoji Movie named worst film of 2017

    Emoji Movie named worst film of 2017

    We can thank 50 Shades Darker and The Emoji Movie for sparing The Last Knight, as they almost won every single category. A Madea Halloween (topping Katherine Heigl, Dakota Johnson, Jennifer Lawrence and Emma Watson).
    Pulse Shooting Trial: Judge questions potential jurors in Noor Salman case

    Pulse Shooting Trial: Judge questions potential jurors in Noor Salman case

    Al Salman speaks to the press following a court appearance by his niece Noor Salman on January 17, 2017 in Oakland, California. Although he is not on trial, the government has to prove Mateen killed in support of the Islamic State .
  • MI  defender Maurice Hurst reportedly has a heart condition

    MI defender Maurice Hurst reportedly has a heart condition

    ESPN's Adam Schefter reports that Michigan DT Maurice Hurst was diagnosed with a heart condition at the NFL Combine. Hurst is not the first player to be diagnosed with a heart condition at the combine.
    Bedlam rivals to face in first round of Big 12 tournament

    Bedlam rivals to face in first round of Big 12 tournament

    Not only did Oklahoma State sweep Kansas , it also defeated two other top-tier teams in the Big 12, West Virginia and Texas Tech. Smith turned to the crowd along the sideline and raised his arms in adulation, beckoning them to bring on the noise.
    One-handed prospect Shaquem Griffin does 20 reps on bench at combine

    One-handed prospect Shaquem Griffin does 20 reps on bench at combine

    Some team out there is certainly going to give Griffin a shot. Speed was never a thing that I lacked. I'm never going to step limitations.
  • Kyle Larson rolls to win in Las Vegas

    Kyle Larson rolls to win in Las Vegas

    Larson is already a Cup Series contender, winning multiple races in 2017 and expected to do the same in 2018, and is only 25. Rookie Christopher Bell finished second in his Joe Gibbs Racing Toyota, and Justin Allgaier was third.
    Stocks end mixed after sharp drop early in the day

    Stocks end mixed after sharp drop early in the day

    FCA US, the USA unit of Fiat Chrysler Automobiles NV (FCA) sales fell 1% in February to 168,326 vehicles. Asian shares were mostly lower Thursday as sentiments got dragged down by a slide on Wall Street.
    Tottenham warm up for Juve by beating Huddersfield in EPL

    Tottenham warm up for Juve by beating Huddersfield in EPL

    Spurs, who did not win in their first three league games there, are a point behind second-placed Manchester United . The 21-year-old has now gone 14 games without a goal, and he has been a little wasteful at times during that spell.