1MDB Scandal: Equanimity To Be Sold Not Less Than USD130 Mln

66 views · Published 13 December 2018 · 1:20 · Indexed 25 September 2026

Channel: 7Edition · 2018 · News & Politics

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The luxury yacht Equanimity will be sold for at a price of no less than RM543 million, which is nearly half of its original price reportedly worth some RM1 billion. 

Lawyer Sitpah Selvaratnam, representing the government and 1Malaysia Development Berhad (1MDB) on the “Equanimity” case, said the price was set after the yacht was valued by UK-based independent appraiser, Winterbothams. 

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