Former Malaysia Premier Najib to Be Charged With Money Laundering

The transcript discusses the legal proceedings involving charges related to the 1MDB scandal, focusing on money laundering under the Anti-Money Laundering Act. It highlights the expectations from the court proceedings, which were initially thought to be a directions hearing but may reveal more about the case. The discussion also covers the investigation into SRC International and the transfer of funds to Najib's accounts. Additionally, the transcript details the seizure of the super yacht Equanimity, which is caught in a legal battle between Malaysian authorities and its purported owner, Joe Low.

Who is purported to be the owner of the yacht at the center of the legal dispute?

What actions have the US courts taken regarding the yacht?