In Colombia, President Gustavo Petro ordered all members of the administration on deck in an attempt to raise the “Holy Grail of shipwrecks”, the Spanish galleon San José.
According to court documents, there must have been gold, silver and precious stones on board between $4 billion and $20 billion – or up to 220 billion Norwegian kroner.
However, there is a great deal of disagreement about who owns the shipwreck and should therefore receive the values, he writes New York Post.
Right now, a big experiment is going on as to who is the one who found out, and therefore the winner.
Urgent to raise the ship
According to Colombian President Gustavo Petro, there is an urgent need to recover the ship that sank about 300 years ago.
In 2026, his term as president expires, and if he is to take any credit for his work, the three-masted sailing ship must be up and running before then.
Already in 1981, the American company Glocca Morra claimed to have found what was thought to be a lost treasure.
They gave the shipwreck’s coordinates to authorities in Colombia, in exchange for the promise of half the value when they were recovered one day.
Controversy over who found it
In 2015, the tax was back on the agenda again.
The then President of Colombia, Juan Manuel Santos, claimed that the Colombian Navy was the one who found the wreckage. This is in a completely different place than what the Americans claimed.
Colombia has never made the coordinates public, but the American company, now called Sea Search Armada, believes the wreck found in 2015 is the same wreck it found 34 years ago.
Therefore, they filed a lawsuit against the Colombian authorities, demanding that half of the value go to them, or about 10 billion dollars.
Culture Minister Juan David Correa said last week Bloomberg He was asked to establish a public-private collaboration to carry out ship lifting work.
Correa claims, according to Bloomberg, that Colombian authorities delved into the coordinates they received from the naval search fleet and found nothing there.
“Coffee trailblazer. Certified pop culture lover. Infuriatingly humble gamer.”