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South Korean firm backs off ‘treasure ship’ claim amid probe

South Korean company on July 26 backed off its claim to have found a sunken Russian warship with an enormous cargo of gold as financial regulators began investigating whether the outlandish treasure…

  • SEOUL – The Associated Press
  • Hurriyet

The Seoul-based Shinil Group said it doesn’t know if any gold coins and bars would be found inside the sunken ship it identified as the Dmitrii Donskoi, which sank 113 years ago. Company officials…

Kob 2b“There’s no way for us to figure out whether there would be gold coins or bars on the Donskoi, and if there is, how large the amount would be,” said Choi Yong-seok, Shinil’s president, in a news conference…

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