A luxury yacht allegedly bought with money stolen from the multi-billion-dollar looting of a state investment fund has arrived at a Malaysian port.
The 250 million US dollar Equanimity, seized by Indonesia off Bali in February in cooperation with the US FBI, was handed over to Malaysian authorities at the Indonesian island of Batam near Singapore.
Following the handover of the yacht to Malaysia, the Justice Department has sought to suspend legal proceedings to determine what Malaysia plans to do with the vessel.
Malaysian officials have said the yacht will be sold to the highest bidder.
