28 Feb '18, 9am

Indonesia seize luxury yacht linked to 1MDB investigation: Police

JAKARTA: Indonesia on Wednesday (Feb 28) seized a luxury yacht on the island of Bali sought by the US Department of Justice (DOJ) as part of a multi-billion dollar corruption investigation linked to Malaysian state fund 1Malaysia Development Berhad (1MDB). "We have been inspecting the crew since yesterday and now we are taking action since we have received approval from the court to seize the boat," Agung Setya, director of economic and special crimes at the Indonesia's criminal investigation bureau, told Metro TV. Television footage in Indonesia showed Indonesian officials talking to the crew on board the moored yacht with the name "Equanimity" at Benoa Bay Setya said there were 34 crew on board. The official said it was not certain whether the US Federal Bureau of Investigation (FBI) would be involved. "We will see how this develops ... Whether we can do a joint investig...

Full article: https://www.channelnewsasia.com/news/asiapacific/indonesi...

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