Malaysia's toppled leader to face new charges


Indonesia handed over to Malaysia on Monday a $250 million luxury yacht, impounded earlier this year as part of an global hunt for assets purchased with billions of dollars allegedly siphoned off from state fund 1Malaysia Development Bhd. He will be released after MACC records his statement, it said.

Malaysia's new government has shut down a Saudi-backed anti-terrorism center, just over a year after it was launched by the kingdom's ruling monarch during a visit here last year.

Najib has so far pleaded not guilty to all charges against him.

The Malaysian authorities have revoked his passport and issued an arrest warrant although he has previously denied any wrongdoing.

The Equanimity today docked at the Boustead Cruise Centre Terminal in Port Klang at 12.40pm, brought here by Indonesian police under heavy escort by local marine police teams from Johor and Port Klang.

The 300-foot (90-meter) Equanimity, equipped with pool, helicopter landing pad and cinema, belonged to Jho Low, a flamboyant worldwide financier who allegedly played a central role in the 1MDB controversy that has engulfed former prime minister Najib Razak.

"If there is any party who wants to claim that this vessel belongs to them, they can show proof of ownership".

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The source added that Najib will arrive at the MACC office at 5pm to give his "caution statement" as the accused before his session tomorrow morning.

After questioning Najib Tuesday for 45 minutes, the anti-graft agency said he would be charged under the anti-money laundering law in relation to SRC International, an energy company that used to be a subsidiary of 1MDB.

The government has said it plans to open the Equanimity to public viewing, before eventually selling it off.

The Cayman Island-registered vessel Equanimity, which is reportedly worth some US$250 million and is owned by Jho Low, a former unofficial adviser to the Malaysian fund 1MDB, is pictured at Benoa harbor on Indonesia's resort island of Bali on April 13, 2018.

The $250m boat was allegedly bought with money stolen from 1MDB.

Najib set up 1MDB when he took power in 2009, but it accumulated billions in debts.