‘Insufficient evidence’ on £3m yacht

By Matthew McKew

Monday, December 23, 2013

 

‘Insufficient evidence’ on £3m yacht

Salvage operation of the burnt-out Kahu. Picture by Graham Brading.

INSUFFICIENT evidence has left the police unable to confirm if a crime was committed when a £3.2 million superyacht at East Cowes Marina burnt out last month.

The 114-ton Kahu, which burnt for around nine hours on November 5, is now in Southampton while its future is decided.

A huge effort to salvage her followed after she sank to the bottom of the marina.

One month on, the police have completed their investigations into the cause of the fire.

A spokesperson said: "There was insufficient evidence to confirm a crime had been committed."

The Kahu, owned by former Isle of Wight businessman Paul Rudling, founder of Newport-based composite manufacturers, SP Systems, was on the market at the time.

Anyone with information can contact Newport Police Station by phoning 101 or Crimestoppers anonymously on 0800 555 111.

Reporter: matthewm@iwcpmail.co.uk

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