Colombia: War Over Sunken Treasure

COLOMBIA – Colombian naval officials monitoring a sunken Spanish Ship laden with treasure have discovered two other historical shipwrecks nearby, President Iván Duque has announced.

The San José Galleon was sunk by the British in 1708 near Colombia’s Caribbean port of Cartagena.

The wreckage was located in 2015.

It has been described as the holy grail of shipwrecks worth an estimated $20 billion, as the ship was carrying one of the largest amounts of valuables ever to have been lost at sea.

Ownership of the wreck has been the subject of a long-running legal row, with Spain and an American company making claims.