- Malaysia sold the Equanimity — the superyacht involved in the 1MDB scandal — for $126 million, reports The Guardian.
- It had previously been up for sale for $130 million — about half its purchase price, according to Bloomberg.
- The yacht is one of many assets seized in the multibillion-dollar 1MDB scandal and previously belonged to the Malaysian fugitive Low Taek Jho.
- The 91.5-meter (300-foot) yacht can hold 22 passengers in 11 cabins and has an array of amenities, including a spa and a helipad.
Malaysia has sold the Equanimity — the superyacht involved in the 1MDB scandal — for $126 million, according to a report from The Guardian.
The yacht can fit up to 22 passengers, has a helipad, and boasts a variety of wellness amenities.
It gained some notoriety last year when it was impounded during the investigation into the 1Malaysia Development Berhad (1MDB) scandal, in which $4.5 billion from the 1MDB fund was misappropriated. It previously belonged to the fugitive Malaysian banker Low Taek Jho, who is believed by US authorities to be the mastermind behind the scandal.
According to Bloomberg, the Malaysian government had been spending up to $500,000 per month to maintain the yacht.
The yacht specialist Burgess was the broker for the sale. Its $126 million price tag is a significant cut from the $250 million that Low reportedly paid for it.
Burgess CEO Jonathan Beckett said in a company-released Q and A that the yacht has been on the market since the end of October 2018.
Here's a look inside the ultra-luxurious yacht.
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Equanimity is a 91.5-meter (300-foot) superyacht.
Source: Burgess
The yacht was built in 2014 in the Netherlands and has an exterior design created by Oceanco, a privately owned custom-yacht builder.
The boat has a cruising speed of 15 knots and a maximum speed of 18.5 knots.
Source: Burgess
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