Dr Mahathir continues to abuse rule of law by illegally taking yacht, says Jho Low

Updated 5 years ago · Published on 6 Aug 2018 8:41PM · 13 Comments

Prime Minister Dr Mahathir Mohamad has thanked the Indonesian government for handing over the US$250 million Equanimity to Malaysia. – YouTube pic, August 6, 2018.

THE Mahathir regime’s decision to ignore US and Indonesian court rulings and take illegal delivery of the Equanimity is proof that the new prime minister has no interest in fairness and justice, says the owner of the famous yacht.

Low Taek Jho, through his lawyer, said in a statement today that the prime minister was also disregarding Equanimity Cayman Limited’s filed claim to the asset and that “further proceedings have been issued today in response to this illegal act.”

The yacht, Low said, was being unlawfully brought into the custody of “a rigged Malaysian system manipulated by a man who only cares about his absolute political rule”. 

“Since his election, Mahathir has tried reinventing his public image following the appalling abuses of the rule of law he previously presided over, including the Anwar case and the 1988 judicial crisis. 

“The reality is that he has simply continued on as he did during his previous regime and has shown that his only objectives are political: from freezing bank accounts of rival political parties, to public trial-by-media, where guilt is proclaimed before any evidence is presented.”

Low’s statement follows Dr Mahathir’s challenge to the owner of the yacht to show proof that the vessel was bought with his own money.

“The super yacht was bought using 1Malaysia Development Bhd money and the money belongs to the Malaysian people. Therefore, those who want to claim the yacht, they must provide some proof or receipt that they bought the yacht using their own money,” Dr Mahathir said in a video posted on  Facebook.

“I am happy that the Indonesian government has agreed to hand the yacht to Malaysia. I thank the Indonesian government and its president, Joko Widodo, for the strong cooperation.”

Indonesian authorities seized the Equanimity in Bali on February at the request of US investigators who had filed a multi-billion dollar corruption suit to seize assets bought with money allegedly stolen from 1MDB.

Calling the 1MDB financial scandal “kleptocracy at its worst”, US authorities seek to confiscate US$4.5 billion worth of assets bought with funds allegedly laundered via a complex web of transactions in the US as well as Switzerland, Singapore and Luxembourg.

The said assets include prime real estate in Southern California and New York, valuable artworks, rare diamonds, and the US$250 million Equanimity. – August 6, 2018.

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Comments

  • You mean..he owns up that Equanimity belongs to him..lol

    Posted 5 years ago by Lana Tan · Reply

  • Pigsy has no balls to surface like a man, really chicken

    Posted 5 years ago by Belah Belah · Reply

  • He bought a lot of stuff with stolen money, and his papa and mamasan and kid brother are accomplices to the money laundering. Gotta catch em all

    Posted 5 years ago by Belah Belah · Reply

  • Hello Fatty Boy, make sure you owns the Equanimity before you want to claim it. Be careful the consequences is serious !!

    Posted 5 years ago by TC BOY · Reply

  • Hello Fatty Boy, make sure you owns the Equanimity before you want to claim it. Be careful the consequences is serious !!

    Posted 5 years ago by TC BOY · Reply

  • Not only is abuse of the law permissible but murder most foul, like the Philippines President is doing?..

    Posted 5 years ago by MELVILLE JAYATHISSA · Reply

    • The only way to begin controlling naughty &/or corrupt Malaysians..

      Posted 5 years ago by MELVILLE JAYATHISSA · Reply

  • Hahhahahahhahah

    Posted 5 years ago by Chean Ang Heng · Reply

  • jo low do you really understand the word 'abuse of law' wait till you're dragged back to Malaysia the long arm of law will catch you at your neck strangle your jugular and decapitate you for good ..you hurt and pained Malaysians badly..no decent Malaysian would ever forgive you ...

    Posted 5 years ago by Manjit Charan · Reply

  • Tit-for-tat! Jho Low's refusal to co-operate with 1MDB leaves Malaysia no choice. RM1 billion loss for him to chew over. But it still won't flush him into coming forward?..

    Posted 5 years ago by MELVILLE JAYATHISSA · Reply

  • Come out and say its yours
    not thru middle men

    Posted 5 years ago by Lan Lan · Reply