Still No Takers For Equanimity Gov T Spending Us 500k On Monthly Maintenance



(NST) – IT BOASTS a gym, pool, gallery, beauty salon and helipad – not to mention space for sleeping 22 guests – and it’s up for sale at around half its purchase price. Yet finding a buyer for the 300-foot superyacht Equanimity, one of the most striking assets at the heart of the 1MDB scandal, is not proving to be an easy task.
The boat stands out among possessions being sold by Malaysian authorities keen to recoup funds allegedly lost through the massive fraud that sparked investigations worldwide and engulfed Goldman Sachs Group Inc. along with former Malaysian Prime Minister Najib Razak.
The yacht’s former owner, fugitive businessman Low Taek Jho, has been described as a central figure in the multi-billion-dollar scandal. Jho Low and others are accused by authorities of siphoning 1MDB funds for personal use – including buying the Equanimity, which was completed in 2014 and is thought to have cost US$250 million.
With a guide price of US$130 million, yacht specialist Burgess, the sole broker for the sale, said there were few boats equal in size currently on the market. Yet an initial effort to sell the vessel in a Nov 2018 auction, after the Malaysian Admiralty Court ruled that the Malaysian government and 1MDB were the rightful owners of the vessel, failed to secure a buyer.
Would-be buyers submitted sealed bids to the Sheriff of the High Court of Malaya. Only after the bids were submitted was the appraisal value of US$130 million revealed.
“Some bidders were opportunistic in their pricing,” said Sitpah Selvaratnam, a consultant with law firm Tommy Thomas and adviser on the transaction.
“As it stands now, the mandate is we are not really negotiating for anything below US$100 million,” Selvaratnam said. “It’s clearly not a fire sale. You’re going to get what she’s worth.”
Some potential buyers accustomed to sizing up superyachts along Europe’s southern coastlines have been unwilling to travel to the naval base near Kuala Lumpur that hosts Equanimity. But Burgess is still talking to as many as 20 interested buyers for the vessel, according to lead broker for the sale Rupert Nelson, with interest coming from the Middle East, Russia and other parts of Asia.
“Some of them are big household names in yachting terms,” he said. “Some will be household names elsewhere as well.”
The sale won’t come soon enough for the Malaysian government, which is currently spending as much as US$500,000 a month maintaining the vessel.
The Equanimity is part of a treasure trove of glitzy possessions once owned by Low and now the subject of legal wrangling and asset seizures around the world. The US has filed forfeiture lawsuits against US$1.7 billion of assets that were allegedly acquired with money embezzled from 1MDB, including a US$1.29 million heart-shaped diamond and a US$3.8 million diamond pendant that Low gave to Australian model Miranda Kerr, as well as a US$3.2 million Picasso painting that Low gifted to actor Leonardo DiCaprio. Both celebrities have since handed the gifts over to US authorities.
Low has repeatedly maintained his innocence and faces charges including money laundering in Malaysia. He was charged in absentia as his whereabouts are unknown.
 


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.malaysia-today.net/2019/02/05/still-no-takers-for-equanimity-govt-spending-us500k-on-monthly-maintenance/

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Gov T Mulls Reserving Semi Skilled Jobs For Locals

Gov T Mulls Reserving Semi Skilled Jobs For Locals

papar berkaitan - pada 23/1/2019 - jumlah : 204 hits
The government is mulling measures to make semi skilled jobs with salaries up to RM5 000 exclusive to locals Human Resources Minister M Kulasegaran said this would be done by raising the minimum salary for jobs that expatriates can apply fo...
Ecrl Matters Still Open For Discussion Says Azmin

Ecrl Matters Still Open For Discussion Says Azmin

papar berkaitan - pada 10/2/2019 - jumlah : 297 hits
Putrajaya s discussions with China on the East Coast Rail Link project are still ongoing said Economic Affairs Minister Mohamed Azmin Ali The cabinet has decided this matter should be open for discussion There are new developments that we n...
Minister Orders Probe Into Use Of Gov T Vehicles For Campaigning

Minister Orders Probe Into Use Of Gov T Vehicles For Campaigning

papar berkaitan - pada 23/1/2019 - jumlah : 310 hits
Water Land and Natural Resources Minister Dr Xavier Jayakumar has ordered an investigation into the alleged abuse of government vehicles for Pakatan Harapan s campaign in the Cameron Highlands by election I have asked the ministry s secreta...
No Plans For Veterans Welfare Claims Baseless Refutes Ministry

No Plans For Veterans Welfare Claims Baseless Refutes Ministry

papar berkaitan - pada 26/1/2019 - jumlah : 179 hits
The Armed Forces Veterans Affairs Department under the Defence Ministry has denied claims that there are no plans in place to secure the welfare of retired personnel Director general Dzulkarnain Ahmad said issues surrounding the welfare of ...
The Five Most Romantic Classic Cars For Valentine S Day

The Five Most Romantic Classic Cars For Valentine S Day

papar berkaitan - pada 27/1/2019 - jumlah : 428 hits
Matt Robertson of Leland West Classic Car Insurance examines the top five classics for Valentine s Day With one of these classic machines you will make a memorable first impression as you arrive for dinner Valentine s Day is approaching and...
Germany S Merkel Calls For Zero Tolerance Of Anti Semitism Hate

Germany S Merkel Calls For Zero Tolerance Of Anti Semitism Hate

papar berkaitan - pada 27/1/2019 - jumlah : 246 hits
Khairy Jamaluddin supports government s anti Israel stand German Chancellor Angela Merkel underscored the urgency of combating anti Semitism racism and hatred more than 70 years after the Holocaust calling for new ways to keep alive the mem...
With Bn S Victory Cameron Highlands Victory A New Political Formula For The Future

With Bn S Victory Cameron Highlands Victory A New Political Formula For The Future

papar berkaitan - pada 27/1/2019 - jumlah : 275 hits
Zainal Epi Malay Mail Online Barisan Nasional walked tall last night when it trounced Pakatan Harapan with a convincing majority of 3 238 votes in a fierce political battle that qualifies its return to the country s mainstream political sce...
15 Sweet Diy Valentine S Day Gifts For Him When You Re On A Budget

15 Sweet Diy Valentine S Day Gifts For Him When You Re On A Budget

papar berkaitan - pada 27/1/2019 - jumlah : 296 hits
Choosing a gift for a guy is trickier than it might seem at first and if you re still searching for a gift you should see what we ve got for you before spending all your money The post appeared first on
Biggest Factor For Bn S Win Ramli The Orang Asli Says Ide

Biggest Factor For Bn S Win Ramli The Orang Asli Says Ide

papar berkaitan - pada 28/1/2019 - jumlah : 258 hits
The main factor that helped BN s win in the Cameron Highlands by election yesterday was its candidate said Selangor government think tank Institut Darul Ehsan It said their analysis on the election showed that BN did the right thing by fiel...
Ngo Kebajikan Banyak Membantu Rakyat Malaysia

Pakw Calculator

Remaja Malaysia Dipenjara Seumur Hidup Di Uk Taksub Alat Penukul Dan Pembunuhan

Using Predictive Analytics To Enhance Forex Market Timing For Malaysian Traders

Got Back Pain Time To Straighten Up

Banjir Rakyat Asing Di M Sia Apa Teruk Sangat K Jaan Ni

Speed Read The New Royal Enfield Bear 650 Scrambler And More

Tips Memasak Sayur Supaya Lebih Sedap Dan Berkhasiat


echo '';
Biodata Terkini Penyanyi Illa Sabry Peserta Gegar Vaganza 2024 Musim 11 GV11

Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council


7 Sunnah Bayi Baru Lahir Hingga Usia 7 Hari

Kips Bay Decorator Show House Dallas 2024 An Exquisite Showcase Of Design

China S President To Host Official Dinner For Anwar

I Bought A Toy Like Vape Online Mp Tells Dewan Chamber

Drama One Cent Thief 2 Lakonan Syafiq Kyle Azira Shafinaz

Rasa Masakan Korea Soondubu Jigae Beef Di Dubuyo