Malaysia to sell yacht at center of 1MDB scandal for $126M

  • In this Feb. 28, 2018, file photo, the luxury yacht Equanimity is seen in the Benoa harbor in Bali, Indonesia. Malaysia’s government says a luxury yacht allegedly bought with money stolen from the multibillion-dollar looting of a state investment fund will be sold to casino operator Genting Berhad for $126 million, half its original price. Attorney-General Tommy Thomas says the Admiralty Court on Wednesday, April 3, 2019, approved the sale of the Equanimity, which has lavish amenities including a helicopter landing pad, plunge pool, gymnasium and a cinema.(AP Photo/Ambros Boli Berani, File)

KUALA LUMPUR, Malaysia — Malaysia’s government said Wednesday that a luxury yacht allegedly bought with money stolen from a troubled state investment fund will be sold to casino operator Genting Berhad for $126 million, half its original price.

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