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Saturday, 21 July 2018

'Treasure ship' claim raises eyebrows in South Korea

'Treasure ship' claim raises eyebrows in South KoreaBy Josh Smith SEOUL (Reuters) - A company claiming to have found the wreck of a Russian warship with $130 billion in gold "treasure" off the coast of South Korea has drawn scepticism from researchers and regulators in Seoul. Shinil Group, which lists a Singapore address on its website, said on Tuesday it had discovered the wreck of the Dmitrii Donskoi, a Russian armored cruiser built in the 1880s and sunk in 1905 after battling Japanese warships. Shinil Group representatives did not respond to requests for comment, but its news release said the company was the "only entity in the world" to have discovered the ship.




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