Sungai Besar UMNO division chief Datuk Seri Jamal Yunos announced his bid for the super-luxury yacht Equanimity yesterday, 12 August
Jamal revealed his intention to bid for the yacht, which is allegedly owned by fugitive financier Jho Low, through an interview with Watan Online.
Purportedly bought using misappropriated funds from the scandal-ridden 1Malaysia Development Berhad (1MDB), the Equanimity is currently docked at Port Klang.
Fresh out of prison, Jamal said he will reveal the rationale behind his Equanimity bid in the near future
"I will hold a press conference to explain the reason behind my bid for the yacht (Equanimity)," Jamal was quoted as saying by Watan Online.
Malay Mail reported that the UMNO division chief spent 27 days in the Sungai Buloh prison before being granted bail for the criminal charges against him. He was released on 31 July.
Prime Minister Tun Dr. Mahathir Mohamad announced the government's wish to sell the super-luxury yacht just a day before Jamal's statement
Mahathir said on 11 August that the Equanimity will be sold to the highest bidder as soon as possible as the maintenance cost of the yacht amounts to about RM2 million a month, according to a report by The Straits Times yesterday.
Furthermore, to ensure that the yacht remains in good condition, it will not be open for public viewing.