A luxury yacht linked to allegations that US$4.5 billion was looted from Malaysia’s state investment fund 1MDB is being handed over to the FBI, which is probing the scandal, Indonesian police said on Thursday. Malaysia’s 1MDB has spurred criminal and regulatory investigations around the world that have cast an unflattering spotlight on financial deal-making, election spending and political patronage under Prime Minister Najib Razak. A Malaysian parliamentary committee identified at least $4.2 billion in irregular transactions.

The Australian newspaper reports Australian Prime Minister Malcolm Turnbull’s son, Alex, as saying he was sidelined from his executive position at Goldman Sachs after acting as a whistle-blower on allegedly shady deals involving billions between the global investment bank and the Malaysian state investor.