Malaysian tycoon’s former superyacht goes on sale again for $200m

Malaysian tycoon’s former superyacht goes on sale again for $200m


The superyacht linked to Malaysia’s multi-billion-dollar 1MDB scandal is back on the market again for a higher price, just months after it was sold by the government and used as a celebrity venue  The vessel is being sold for US$200m, an increase of more than $70m on its previous price tag of $126 million to local company Genting Malaysia  The superyacht, which is formerly known as ‘Equanimity’, was originally bought by fugitive banker and movie financier Low Taek Jho in 2014, with $250 million allegedly stolen from Malaysian sovereign wealth fund 1MDB   But it was snatched from him by Indonesia last year and returned to the Malaysian government, who sold it in April to recoup some of the £3 billion Low is accused of embezzling from the government as part of the scandal    The superyacht linked to Malaysia’s multi-billion-dollar 1MDB scandal is back on the market again for a higher price, just months after it was sold by the government and used as a celebrity venue The vessel is being sold for US$200m, an increase of more than $70m on its previous price tag of $126 million to local company Genting Malaysia A luxury dining table inside the superyacht  The boat was returned to Malaysia after the long-ruling government of prime minister Najib Razak was unexpectedly ejected from office last year, in large part over the 1MDB scandal Renamed Tranquility, the watercraft was sold to Genting Group’s Chairman of the Board Lim Kok Thay, who has a reported net worth of $4 billion, and transformed into a party boat for hire The boat is still being offered for charter at 1 1 million euros ($1.2 million) a week, the yacht company saidRenamed Tranquility, the watercraft was sold to Genting Group’s Chairman of the Board Lim Kok Thay, who has a reported net worth of $4 billion, and transformed into a party boat for hire  But according to a listing from yacht company Camper and Nicholsons, the 300 foot vessel named ‘Tranquility’ is now on sale again  The 300-ft vessel boasts rooms for 22 guests including a master suite and three VIP state rooms, Turkish baths, a beauty salon, a cinema, a gym, a deck-pool, an outdoor bar, its own helipad and is serviced by a 29-strong crew  The listing described the vessel as an ‘ocean-going world explorer’ and an ‘iconic superyacht’  No price was listed but reports said it was on the market for $200 million.  The superyacht was originally bought by fugitive banker and movie financier Low Taek Jho in 2014, with US$250 million allegedly stolen from Malaysian sovereign wealth fund 1MDB But it was snatched from him by Indonesia last year and returned to the Malaysian government, who sold it in April to recoup some of the £3 billion Low is accused of embezzling from the Malaysian government as part of the 1MDB scandal The luxury liner boasts two VIP suites on the main deck, which has its own private balcony The ultimate-luxury yacht is available for hire for a whopping $1 2 million per week. With a journey range of 5,000 nautical miles and a maximum speed of 20 knots, the Tranquility can cruise around the Mediterranean In ship shape! The 300-ft watercraft, named Tranquility, boasts rooms for 22 including a master suite and three VIP state rooms, a spa, a beauty salon, a cinema, a gym, a deck-pool, an outdoor bar, two helipads and is serviced by a 29-strong crewThe boat is still being offered for charter at 1 1 million euros ($1.2 million) a week, the yacht company said. The vessel has had an interesting history and was believed to have been used by Low – accused of being a central figure in plundering 1MDB – to sail around Asia, as he sought to evade arrest over the scandal Low, who has been charged in absentia over the scandal, is still at large. He denies any wrongdoing The boat was returned to Malaysia after the long-ruling government of prime minister Najib Razak was unexpectedly ejected from office last year, in large part over the 1MDB scandal The vessel was believed to have been used by Low – accused of being a central figure in plundering 1MDB – to sail around Asia, as he sought to evade arrest over the scandal Cushioned wooden chairs and glasses of champagne are pictured on deck of the superyacht, which was originally called Equanimity but subsequently renamed TranquilityBillions of dollars were looted from the fund in a globe-spanning fraud, purportedly involving Najib and his inner circle The vessel was afterwards bought by Genting Malaysia and has been rented by celebrity guest Kylie Jenner, who used the boat to cruise around Italy’s Amalfi Coast to celebrate her 22nd birthday in August  The reality TV star shelled out $1.2 million per week to rent the luxury liner – which can comfortably accommodate dozens of guests   RELATED ARTICLES Previous 1 Next £100 million superyacht seized from shamed financier dubbed Fury of Harrow-educated financier accused of stealing £3bn. Malaysia’s defeated former PM quits as party leader as he Malaysian leader becomes the world’s oldest prime minister. FBI seizes $250 MILLION megayacht in an attempt to recover Leo, a missing $3bn and the real-life Great Gatsby: How Wolf. Share this article Share On Tranquility’s upper deck, the large Jacuzzi pool takes centre stage and here there is an outdoor bar as well as plenty of free-standing sun loungers and deck furniture Kylie Jenner during a ride on $250million superyacht, Tranquility, along Italy’s Amalfi Coast for her 22nd birthday in AugustGuest facilities on the yacht include a beach club which transitions through to a fully-equipped gym boasting a large balcony on the starboard side allowing direct access to the sea There is also a spa suite – complete with a sauna, Hammam, experiential showers, plunge pool and a massage/treatment room On Tranquility’s upper deck, the large Jacuzzi pool takes centre stage and here there is an outdoor bar as well as plenty of free-standing sun loungers and deck furniture With a journey range of 5,000 nautical miles and a maximum speed of 20 knots, the Tranquility can cruise around the Mediterranean while guests enjoy the height of luxury  The interior is designed by Winch Design and the exterior styling is by Oceanco.  Guest facilities on the yacht include a beach club which transitions through to a fully-equipped gym boasting a large balcony on the starboard side allowing direct access to the sea 

Leave a Reply

Your email address will not be published. Required fields are marked *