Ireland’s seized drug-smuggling vessel MV Matthew leaves Cork Harbour after nearly three years, following a sale for $1 to an international shipping company. Multiple outlets report that the ship is linked to Ireland’s largest cocaine seizure and has been held by the State while authorities dealt with its custody, maintenance and related matters. The Irish Times and other papers cite figures from State agencies indicating that Irish taxpayers spent roughly €17 million maintaining the vessel during this period. One report notes the cost to the State was about €16.8 million, while others describe it as close to €17 million. The ship departs Cork on Friday, and at least one outlet says it is towed or taken to Bulgaria as part of its onward transfer after the sale. The transaction ends a long-running case involving the vessel’s seizure and detention, which began after the major cocaine find and continued through extended storage in the harbour. Sources agree on the main points: the final departure from Cork, the $1 sale price, and the reported €17 million maintenance cost to the State.
Seized MV Matthew sold for $1 after nearly three years in Cork Harbour
Ireland’s seized drug-smuggling vessel MV Matthew leaves Cork Harbour after nearly three years, following a sale for $1 to an international shipping company. Multiple outlets report that the ship is l...
- MV Matthew, seized in connection with Ireland’s largest cocaine seizure, departs Cork Harbour after almost three years.
- The vessel is sold to an international shipping company for $1.
- State agencies report the maintenance cost is about €17 million (including figures reported as €16.8 million).
- The ship is transferred after sale, with reports indicating movement toward Bulgaria.
- The sale and departure end the extended storage and custody of the ship in Cork.
Revenue says State spent around €17 million on maintaining ship, which departed Cork on Friday after almost three years
3 hours agoThe seized drug-smuggling ship, which cost the State around €17 million to maintain, was sold to a shipping company for just $1
4 hours agoThe vessel at the centre of Ireland's largest cocaine seizure has been towed to Bulgaria after almost two years in Cork Harbour
5 hours agoThe MV Matthew has finally left Cork Harbour after being sold to an international shipping company for just $1, bringing an end to a nearly three-year saga that began with Ireland's biggest ever cocaine seizure
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