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The auction for the Equanimity superyacht ends today.
The Kuala Lumpur Admiralty Court is expected to announce the seal of bids later in the day and the court sheriff is expected to announce the winning bid.
However, 1MDB's lawyer, Jeremy Joseph, said Malaysiakini that the number of offers, as well as the highest bid, are private and confidential.
Bid for the 1MDB bound vessel opened on October 29, potential buyers to pay a deposit of RM 1 million.
Court documents have previously revealed that Global Diversified Investment Company Limited (formerly known as 1MDB Global Investment Limited) held 53.57% of the shares of the vessel.
Meanwhile, 1MDB Energy Holdings holds the remaining 46.43%.
The product of the offer will be split between the two companies.
According to the United States Department of Justice (JUS), the fugitive businessman, Jho Low, reportedly acquired the ship for $ 250 million, using misappropriated funds of 1MBD.
The vessel, measuring 91.5 meters long and with a crew of 17, was seized for the first time by the Indonesian authorities on 28 February. It has since been the subject of a legal battle between the United States Department of Justice and a group of businesses owned by Low.
Low claimed that the seizure was illegal.
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