US has confirmed that superyacht Equanimity was purchased by Taek Jho Low using funds stolen from 1MDB, Tun Dr Mahathir Mohamad said today, the Malay Mail Online reported.
“They have identified this boat as being bought with stolen money from 1Malaysia Development Berhad (1MDB) and it belonged to Jho Low.
“When you steal money, you have to put it somewhere; so, they buy property and all kinds of things.
“They have documents on this and said if we wanted to keep it, we are entitled to it because it was bought with our stolen money,” the prime minister said after visiting the Equanimity in Pulau Indah.
Dr Mahathir added that Low can take legal action.
“He can come and prove to us that it belongs to him.
“It is very costly, so we want to know where he got the money (to buy it),” Dr Mahathir said.
