{"id":38572,"date":"2019-04-03T07:24:48","date_gmt":"2019-04-03T07:24:48","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=38572"},"modified":"2019-04-03T07:24:48","modified_gmt":"2019-04-03T07:24:48","slug":"malaysia-to-sell-250m-1mdb-superyacht","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=38572","title":{"rendered":"Malaysia to sell $250M 1MDB superyacht"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">Kuala Lumpur, Malaysia (CNN)<\/cite>Disgraced former Malaysian Prime Minister Najib Razak appeared in court Wednesday over corruption accusations related to the sprawling 1MDB scandal, as on the same day, the country&#8217;s government finally began the process of recouping some of the nearly $5 billion allegedly stolen from the fund. <\/p>\n<div class=\"zn-body__paragraph speakable\">Malaysian officials said Wednesday they would sell a luxury superyacht belonging to the alleged mastermind of the 1MDB financial scandal for about half its estimated value. Prosecutors claim the 91.5-meter (300 foot) Equanimity, was bought by Malaysian financier Jho Low with a <a href=\"https:\/\/www.cnn.com\/2019\/02\/08\/asia\/malaysia-1mdb-trial-najib-intl\/index.html\" target=\"_blank\">portion of the billions allegedly embezzled from 1MDB<\/a>, the country&#8217;s sovereign wealth fund set up by former PM Najib. <\/div>\n<div class=\"zn-body__paragraph speakable\">News of the sale came as Najib appeared in court for the first time for the <a href=\"https:\/\/www.cnn.com\/2019\/02\/11\/asia\/najib-razak-trial-malaysia-intl\/index.html\" target=\"_blank\">much delayed start of his trial<\/a> over alleged corruption and abuses of power <a href=\"https:\/\/www.cnn.com\/2019\/02\/10\/asia\/malaysia-najib-trial-1mdb-profile-intl\/index.html\" target=\"_blank\">in connection with the scandal<\/a>. Both he and Jho Low &#8212; who remains at large &#8212; deny any wrongdoing. <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kuala Lumpur, Malaysia (CNN)Disgraced former Malaysian Prime Minister Najib Razak appeared in court Wednesday over corruption accusations related to the sprawling 1MDB scandal, as on the same day, the country&#8217;s government finally began the process of recouping some of the nearly $5 billion allegedly stolen from the fund. Malaysian officials said Wednesday they would sell&hellip;<\/p>\n","protected":false},"author":10,"featured_media":38573,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-38572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/38572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38572"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/38572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/38573"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}