Superyacht linked to Jho Low and 1MDB scandal for sale again, for an extra $74m - My News TV

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Saturday, October 19, 2019

Superyacht linked to Jho Low and 1MDB scandal for sale again, for an extra $74m

The Tranquility, seized by authorities and sold for a ‘bargain’ $126m in April, is back on market after stint as celebrity hangout

A superyacht once owned by Jho Low, a fugitive at the centre of Malaysia’s 1MDB financial scandal, has been put back on the market after a few months as a celebrity party venue.

The vessel, now named Tranquility, is being sold for US$200m, an increase of more than $70m on its previous price tag. It is currently owned by the Genting Group, a Malaysian conglomerate with business interests in real estate, hospitality, plantations and energy supply.

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from World news | The Guardian https://ift.tt/2BucSaJ

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