Indonesian Political, Business & Finance News

KL to auction sunken treasure

| Source: REUTERS

KL to auction sunken treasure

KUALA LUMPUR (Reuter): Malaysia will auction in Amsterdam $20
million worth of treasure recovered from a British ship that sank
in the Straits of Malacca in 1817, the Star newspaper said
yesterday.

The Star quoted sources as saying porcelain and artifacts from
the merchant vessel Diana have already been shipped to Amsterdam.

The decision to hold an auction in Amsterdam was made last
week by a Finance Ministry committee.

The Diana sank after hitting rocks off the Malacca coast while
sailing to Calcutta from Shanghai. Diana's records said it was
carrying 20 tons of porcelain, alum, green tea, nankeen cloth,
silk, sugar, camphor, medicinal roots and lead slabs.

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