The Irish Times·3 min read·medium
Seized drug-smuggling ship MV Matthew sold for one dollar
✦AI Summary
The Irish Revenue has sold the seized drug-smuggling vessel MV Matthew for a nominal fee of one dollar after it was used in a record-breaking cocaine seizure. The ship, which cost millions to maintain, will be refitted in Bulgaria for use as a grain carrier.
A drug-smuggling cargo ship which cost the State around €17 million to maintain since its seizure three years ago was transferred to a company for a “nominal” fee of one dollar, Revenue has said.
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