Superyacht linked to Malaysia’s 1MDB scandal on sale again

KUALA LUMPUR (AFP) – A luxury yacht linked to Malaysia’s multi-billion-dollar 1MDB scandal is back on the market just months after the government sold it, reportedly for a higher price.

The vessel was originally bought by financier Low Taek Jho with USD250 million allegedly stolen from Malaysian sovereign wealth fund 1MDB.

It was seized by Indonesia last year and returned to Malaysia. The government, which is seeking to claw back funds stolen from 1MDB, sold it in April to local company Genting Malaysia for USD126 million. But according to a listing from yacht company Camper and Nicholsons, the 91.5 metre Tranquility is now on sale again.

The yacht is kitted out with a pool, helicopter landing pad, Turkish bath and fully equipped gym, according to the listing.

It described the vessel, which was originally called the Equanimity but was renamed after being sold, as an “ocean-going world explorer” and an “iconic superyacht”.

No price was listed but media reports said it was on the market for USD200 million. Genting Malaysia, which operates hotels and resorts, did not respond to a request to comment.

The boat is still being offered for charter at USD1.2 million a week, the yacht company said.

Recent guests include Kylie Jenner, who used the boat to celebrate her 22nd birthday, according to media reports.

The vessel was believed to have been used by Low – accused of being a central figure in plundering 1MDB – to sail around Asia, as he sought to evade arrest over the scandal.