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$250M Yacht Linked To 1MDB Scheme To Be Brought To US

By Hayley Fowler (May 16, 2018, 5:09 PM EDT) -- The owners of a $250 million luxury yacht entangled in the 1Malaysia Development Bhd. embezzlement scandal must turn the vessel over to U.S. authorities, a California federal judge said Tuesday, finding the government was authorized to request the yacht's relocation to U.S. waters as part of civil forfeiture proceedings....

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