A yacht which was used to smuggle £160m worth of cocaine from South America to the UK is set to be sold to the highest bidder.
Officers from the Border Force and National Crime Agency (NCA) intercepted and boarded the ‘MY Kahu’ on September 9 last year in international waters near Guernsey. The six-strong crew was arrested after two tonnes of cocaine worth an estimated £160million was found onboard.
The NCA has now instructed Wilsons Auctions to sell ‘MY Kahu’. Seized under the Proceeds of Crime Act, the ocean-going yacht will be sold to the highest bidder at the auction.