KUALA LUMPUR: A multimillion-dollar sailing yacht that once belonged to French tycoon Bernard Tapie has sunk off the coast of Malaysia, an official confirmed on Sunday, after it caught fire a few days ago.
Malaysia’s coastguard said the 75-meter (246 foot) Phocea sank near the holiday island of Langkawi early Friday morning, a day after a blaze engulfed the four-masted yacht.
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