1MDB still owns Air Itam land, says Penang CM

PETALING JAYA (Aug 9): 1Malaysia Development Bhd (1MDB) is still the registered owner of 234 acres of land in Air Itam, Penang, even after it was sold to another company as the transfer of ownership is incomplete, reported the Malay Mail.

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1MDB claims ownership of super yacht Equanimity

KUALA LUMPUR (Aug 8): Strategic investment fund 1Malaysia Development Bhd (1MDB) has laid claim to the Equanimity super yacht, said to be bought using monies misappropriated from 1MDB, when it finally arrived on Malaysian shores yesterday afternoon at Pulau Indah, Selangor.

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Dr M: Show proof of ownership if you want to claim Equanimity

KUALA LUMPUR (August 7): Prime Minister Tun Dr Mahathir Mohamad has challenged any party wanting to claim ownership of the seized luxury super yacht Equanimity, which has been returned by Indonesian authorities to the Malaysian government, to come forward and furnish proof of their claim.

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