Article 5YG9X Superyacht seized with cocaine worth £160m to be sold at auction

Superyacht seized with cocaine worth £160m to be sold at auction

by
Rupert Neate Wealth correspondent
from World news | The Guardian on (#5YG9X)

The MY Kahu was intercepted 80 miles south of Plymouth last year, and goes on sale Wednesday

A superyacht seized from drug smugglers attempting to bring 160m worth of cocaine to the UK will be sold on behalf of the government in an online auction this week.

Acting on a tipoff, Border Force and National Crime Agency officers intercepted and boarded the 120ft (37 metre) yacht in international waters near Guernsey last year. They discovered more than two tonnes of cocaine with an estimated street value of more than 160m.

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