Jho Low's Seized $250 Million Yacht Can Sail to U.S., Judge Says
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The $250 million yacht the Justice Department claims Malaysian financier Low Taek Jho bought with stolen government funds can be sailed from Indonesia to the U.S., a judge said.
On Tuesday, U.S. District Judge Dale Fischer in Los Angeles denied the request by the trusts that hold title to the "Equanimity" to keep it anchored in Bali while they’re challenging the 300-foot vessel’s seizure.