As soon as 1MDB got its hands on the Deutsche Bank loan, the fund’s management sent the money to the look-alike Aabar, the same vehicle Low and Al Qubaisi had used to divert cash in 2012. At this critical stage, Low could have deployed these funds to fill financial holes, especially the nonexistent cash in the Cayman Islands. Instead, he used the bulk of the money to pay for the superyacht, which was delivered in the summer.
