Yacht once owned by French tycoon sinks off Langkawi

Malaysia
This screengrab from a video taken and released on February 18, 2021 by the Malaysian Maritime Enforcement Agency shows rescuers putting out a fire on a yacht named ‘Phocea’ in Langkawi. — AFP pic
This screengrab from a video taken and released on February 18, 2021 by the Malaysian Maritime Enforcement Agency shows rescuers putting out a fire on a yacht named ‘Phocea’ in Langkawi. — AFP pic

Subscribe to our Telegram channel for the latest updates on news you need to know.


KUALA LUMPUR, Feb 21 — A multimillion-dollar sailing yacht that once belonged to French tycoon Bernard Tapie has sunk off the coast of Malaysia, an official confirmed today, after it caught fire a few days ago.

Malaysia’s coastguard said the 75-metre (246 foot) Phocea sank near the holiday island of Langkawi early Friday morning, a day after a blaze engulfed the four-masted yacht.

“We believed it sank Friday morning, at about five or six am,” senior coastguard official Mohamad Zawawi Abdullah told AFP.

“We managed to control the fire, but the damage to the hull caused by the fire may have caused the yacht to sink.”

He added that government officials were investigating the cause of the fire, and that the agent in charge of the vessel had been informed of the sinking.

Seven crew members were saved from the vessel after rescuers were alerted to the fire on Thursday.

Loading...

Built for French sailor Alain Colas in 1976, the yacht was owned by Tapie in the 1980s and 1990s.

It was later sold to a wealthy Lebanese woman for 36.5 million francs (RM36.6 million today), according to media reports.

Tapie is a former Socialist minister who rose from humble beginnings to build a sporting and media empire, but later faced a string of legal problems.

He made a fortune in the early part of his career by taking over failing companies, and flaunted his wealth. As well as the yacht, he bought a football club. — AFP

Articles You May Like

National Covid-19 Immunisation Programme might be completed by year end, says Khairy
Muhyiddin: Concerted effort needed to improve sustainable living
Guan Eng says police investigations won’t deter him from seeking Parliament’s return
Report: Ananda Krishnan’s right-hand man frontrunner to lead Putrajaya’s 5G SPV
Deputy CM: Sarawak enforcing ban on pork from Sabah with immediate effect

Leave a Reply

Your email address will not be published. Required fields are marked *