Update on the Seizure of Jho Low’s Equanimity

In February 2018, the National Police, with the help of Bali Regional Police, seized “The Equanimity”, a luxury yacht reportedly owned by Jho Low, a Malaysian businessman implicated in the 1MDB scandal. Several weeks after the seizure, Equanimity (Cayman) Limited, the owner of the vessel, filed a pre-trial petition at the South Jakarta District Court, questioning the legality of the forfeiture. Represented by Andi Simangunsong, the Company mentioned several regulations that the police should have obeyed but had failed to do so, and therefore, the seizure must be considered invalid. The sole presiding judge of the pre-trial agreed, and ruled in favor of Equanimity (Cayman) Limited.

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