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Close Topic OptionsTheft Probe Into $500m Treasure Ship
Theft Probe $ 500m Treasure Ship - Sciences, Education, Art, Writing, UFO - Posted: 20th May, 2007 - 8:14pm
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It seems like everybody wants a piece of the cake now....
Theft Probe Into $500m Treasure Ship
It seems like Spain is not convinced, I wonder if the reason they are not convinced about this case is because the treasure is worth US$500 million dollars. 
| QUOTE |
| MADRID, Spain (AP) -- Authorities in Spain are looking into whether a U.S. company can be charged with stealing Spanish heritage for excavating colonial-era treasure from a sunken British warship. Odyssey Marine Exploration said Friday it had discovered the ship -- along with gold and silver coins worth an estimated US$500 million -- somewhere in the Atlantic Ocean. The treasure-hunting company would not say exactly where the ship was, citing security concerns, but said the site was outside any country's territorial waters. Spain's Culture Ministry said it thought the statement was "suspicious," after Odyssey had sought permission to explore Spanish waters for the wreck of a British ship, according to the national news agency Efe. Spain granted the company permission in January to search for the HMS Sussex, which sank in a 1694 storm off Gibraltar while leading a British fleet into the Mediterranean Sea for war against France. That permission was only for exploration, however, and did not extend to extraction, the ministry said, according to Efe. Odyssey had previously been searching off the Spanish coast, but suspended operations there in 2005 after complaints from the Spanish government. A chartered cargo jet recently landed in the U.S. to unload plastic containers packed with 500,000 coins -- expected to fetch an average of US$1,000 each from collectors and investors. The Spanish Civil Guard, on request from the government, is investigating whether the company could be charged with theft of Spanish heritage if the haul came from a ship found in Spanish waters, Efe reported. Calls to the ministry on Sunday went unanswered. |
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