The Money Laundering Yacht

The seizure of the luxury yacht Equanimity at Benoa Harbor, Bali, is a slap in the face for the government of Malaysian Prime Minister Najib Razak. Thought to have been bought from the proceeds of embezzlement from the government investment institution 1Malaysia Development Berhad (1MDB), the yacht was seized by Indonesian police acting on a request from the United States Federal Bureau of Investigation (FBI).

The 1MDB saga began with the establ

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