The Equanimity will be liquidated if nobody lays claim over the superyacht in the next two to three months and the government would keep the funds in a fixed deposit, said attorney-general Tommy Thomas.
Thomas said the legal process would be done through the Admiralty High Court in Kuala Lumpur and the government would apply for the necessary orders.
He said if Jho Low wished to claim ownership of the Equanimity, then he should engage a Malaysian lawyer.
He also maintained that Malaysian authorities had secured the yacht through proper legal means, which Indonesian and US authorities agreed through admiralty laws.
Thomas said the legal process would be done through the Admiralty High Court in Kuala Lumpur and the government would apply for the necessary orders.
He said if Jho Low wished to claim ownership of the Equanimity, then he should engage a Malaysian lawyer.
He also maintained that Malaysian authorities had secured the yacht through proper legal means, which Indonesian and US authorities agreed through admiralty laws.
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