The South Jakarta district court has ruled that the Indonesian police seizure of the superyacht Equanimity – sought by the US Department of Justice over the 1MDB matter – is invalid.
"We declare the confiscation by police as invalid and legally baseless," Justice Ratmoho was quoted as saying by Singapore's Straits Times.
When contacted, lawyer Andi F Simangunsong, who acts for the owner of the superyacht, said Indonesian authorities must now return Equanimity to the holding company.
"We declare the confiscation by police as invalid and legally baseless," Justice Ratmoho was quoted as saying by Singapore's Straits Times.
When contacted, lawyer Andi F Simangunsong, who acts for the owner of the superyacht, said Indonesian authorities must now return Equanimity to the holding company.
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