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Malaysia to sell 1MDB-linked superyacht for $126 million

Malaysia will sell a superyacht allegedly bought with stolen funds from state fund 1MDB to casino operator Genting Malaysia Bhd for $126 million, in the first major asset sale by Kuala Lumpur to recover billions lost from the fund.


from Reuters: World News

Malaysia to sell 1MDB-linked superyacht for $126 million Malaysia to sell 1MDB-linked superyacht for $126 million Reviewed by Moltivie on April 03, 2019 Rating: 5

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