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Last Updated : Jul 26, 2017 10:41 PM IST | Source: Moneycontrol.com

Nazi era treasure worth $163 million found in a sunken ship

It is claimed that the cargo ship was carrying four tonnes of valuable metals from banks in South America to Germany before being sunk off the coast of Iceland

Nazi treasure worth USD 163 million found
Nazi treasure worth USD 163 million found

A British team of treasure hunters have found a chest containing gold of estimated worth of USD 163 million.

The location of the chest is reported to be the post room of Nazi ship SS Minded belonging to the Second World War era, according to The Independent. The ship was scuttled by its own crew in September 1939 after being intercepted by a British ship to prevent getting captured by allied troops.

It is claimed that the cargo ship was carrying four tonnes of valuable metals from banks in South America to Germany before being sunken off the coast of Iceland.

The group which found the ship and the treasure is now seeking the permission of the government of Iceland. The group, Advanced Marine Services (AMS), was called back from the sea as their ship Seabed Constructor (in the picture above) lacked the necessary license.

Finders keepers

While waiting for Iceland’s decision over the legal ownership of the wrecked ship and containing chest, AMS is now claiming that the treasure belongs to the people who found it. The group wishes to bring the content back to Britain.

(Image: Swire Seabed)
First Published on Jul 26, 2017 10:41 pm
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