Malaysia’s ex-PM Najib hit with $14m money-laundering charges

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Luxury yacht Equanimity was allegedly bought with money stolen from the multi-billion-dollar looting of state investment fund 1MDB. (AP: Yam G-Jun)

Once docked, dozens of Malaysian enforcement officers boarded to serve an arrest warrant on the vessel, inspect it and question the crew.

Indonesia, which had impounded the yacht, handed it over to Malaysia on Monday.

Malaysian Attorney-General Tommy Thomas said in a statement that the yacht was brought to Malaysia after legal treaties between Indonesia, the United States and Malaysia were activated.

“1MDB claims ownership to this vessel … as they believe that their money was misappropriated and used to purchase the vessel,” said Sitpah Selvaratnam, a lawyer representing 1MDB.

Sitpah, part of the group inspecting the yacht, said the vessel carried 17 crew members and appeared to be in good condition.

AP

Корру́пция (от лат. corrumpere «растлевать», лат. corruptio «подкуп, продажность; порча, разложение; растление») — термин, обозначающий обычно использование должностным лицом своих властных полномочий и доверенных ему прав, а также связанных с этим официальным статусом авторитета, возможностей, связей в целях личной выгоды, противоречащее законодательству и моральным установкам. Коррупцией называют также подкуп должностных лиц, их продажность, подкупность, что типично для мафиозных государств.