KUALA LUMPUR: Datuk Seri Najib Razak said he has no knowledge on claims that super yacht Equanimity was bought using 1Malaysian Development Berhad (1MDB) money.
" We do not know...it's subject to investigation," he said when met at the Parliament lobby, here, today.
At the same time, he added that investigation must be done to find out who really owns the yacht.
"Of course I have no knowledge of it, I have not been on board. I do not know about it until it came out in the press," Najib said.
On why the government under him did not pursue the claim earlier, Najib said the government then, was more interested in the full settlement with the UAE, on the International Petroleum Investment Company (IPIC) matter.
"That is worth much more than this Equanimity. But Equanimity, is being used, again, as a populist move."
What was important he said was the overall settlement on the IPIC issue.
"You're going to get much more in the settlement with UAE and IPIC as opposed to just making an open bidding for the Equanimity."
Luxury yacht Equanimity, linked to businessman Low Taek Jho or Jho Low, has arrived in Malaysia after making its way from Indonesia.
The vessel, which was escorted by Malaysian police, docked in Port Klang at about 12pm today.
It is learnt that several senior officers from the Marine Police were also on the vessel after it was handed over by Indonesian authorities in waters off the Singapore Straits.
The Indonesian government handed over the yacht to the Malaysian authorities following a request by Prime Minister Tun Dr Mahathir Mohamad during his visit to the republic in June.
Najib said he also noticed lawyer Matthias Chang had come out with a statement in his blog questioning the legality of the move.
"The asset (yacht) will depreciate in value over time. Not many people in the world can buy a yacht like that," Najib said.