A luxury yacht linked to allegations that $4.5 billion was looted from Malaysia's state investment fund 1MDB must be returned to its wealthy owner, an Indonesian court ruled Tuesday, citing missteps by police in seizing the vessel.
The deputy communications and multimedia minister says any news related to 1MDB which is not recognized by the authorities is considered false information.
1MDB says in a statement the motion is expressed in general terms and mentioned multiple companies and countries... It's not a specific motion on 1MDB or on Malaysia.
A luxury yacht linked to allegations that $4.5 billion was looted from Malaysia's state investment fund 1MDB is being handed over to the FBI, which is probing the scandal, Indonesian police said Thursday.