DAYS after successfully seizing businessman Low Taek Jho’s luxury yacht, the Equanimity, Putrajaya now wants to bring home his private jet, said Prime Minister Dr Mahathir Mohamad today.
The private jet was seized last year by Singaporean authorities and is currently being kept at Singapore’s Seletar Airport.
Mahathir told reporters after an event today that his administration was trying to bring back the US$35 million (RM143 million) Bombardier Global 5000 jet.
“We have to bring it back. We are trying to get back all the money that has been stolen from us,” he said.
“We know who has it, but of course we don’t know where they are and the need for us to access the money depends on our part to prove that it is our money,” he said at the Perdana University in Serdang.
It was reported last year that the aircraft was part of some US$1 billion in assets allegedly acquired with funds siphoned from 1Malaysia Development Bhd (1MDB) that the United States government is moving to seize.
According to The Edge Markets, the US alleges that the funds were laundered through the US banking system and is seeking to confiscate Low’s private jet, as well as other properties, including a US$100 million interest in EMI Music Publishing Group, and a US$380 million stake in the Park Lane Hotel in New York. – August 12, 2018.
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