Luxury yacht Lady Moura under investigation by Customs

The Guardia Civil of Palma has reportedly opened an investigation into the Lady Moura, one of the most luxurious yachts in the world and a frequent visitor to the island, and has sealed off a warehouse in the Son Bugadelles industrial estate, where equipment valued at nearly six million euros is stored. According to theBulletin's stablemate Ultima Hora, functionaries are making an inventory and are trying to discover if the owners have paid the corresponding taxes, as failure to do so means that they could be accused of smuggling. A cloak of silence surrounds the investigations, but Ultima Hora reveals that investigations started when the captain reported the theft of the gold-plated letters which make up the name Lady Moura. The letters, which are nearly two metres high and are very heavy, were valued at 30'000 euros, and when the Guardia Civil searched the warehouse in Son Bugadelles (Santa Ponsa), officers found a lot of material and equipment from the yacht which may not have been declared at Customs, the report said. They included three auxiliary launches which fitted inside the Lady Moura, audiovisual equipment, paintings, televisions, videos and bags. Yesterday, the captain was reported to be making a statement, and according to the newspaper report, at least two other people connected with the yacht have been called to make statements by the Guardia Civil. Officers investigating the case have sealed the three doors of the warehouse in Son Bugadelles, which is about 1'000 square metres and was acquired to store objects belonging to the Lady Moura. The Spanish authorities want to know if the corresponding taxes have been paid. The yacht is registered in Nassau and is required to declare its contents.