1MDB-Linked Luxury Yacht Seized
The Morning Run Crew
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The Morning Run crew gives you their take on today's business headlines:
0:13 - Indonesia has seized a luxury yacht linked to the 1MDB probe. This award winning 91-metre luxury yacht, Equanimity – touted to be the 58th largest vessel in the world - was seized in Bali waters. This US$250 million yacht, allegedly owned by Jho Low, is one of the assets sought by the US Department of Justice as a part of their probe into 1MDB. Jho Low issued a statement following this seizure. What did he say? Listen to find out.
5:17 - Banks are back in business. A number of banks saw improved earnings with some banks posting record 2017 results. Who performed, who under-performed, and why?
Presented by: Joyce Goh, Melisa Idris, Tan Chung Han
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Tags: 1MDB, Equanimity, Jho Low, US Department of Justice, Malaysian Banking Sector, Earnings Season