OAS urges Colombia to release people arrested over...
Colombia’s war crimes tribunal hears notorious former warlord
Colombia’s GDP and GNI
Panama arrests US citizen suspected in Colombia of...
Colombia seeking mastermind behind Paraguay prosecutor kill plot
Colombia’s government and ELN rebels overcome “crisis” in...
Bogota
Crime and security in Bogota
Colombia recalls ambassador from Guatemala over corruption probe...
Colombia’s FARC dissidents captured 5 soldiers during ceasefire:...
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
News

US court sinks sunken treasure lawsuit against Colombia

by Tim Hinchliffe October 25, 2011

san jose galleon

A Washington court on Tuesday dismissed a lawsuit from a U.S. company seeking multibillion-dollar compensation from Colombia over rights to the Spanish gold ship “San Jose,” which sank off the coast of Colombia in 1708.

The Colombian State recognized the American company Sea Search Armada (SSA) as the discoverer of the wreck, however, the U.S. court ruled against the SSA claiming “the prescription of the case and the inadmissibility of the prosecution,” newspaper El Espectador reports.

SSA claimed that Colombia had violated a contract signed 30 years ago that allowed them to recover the treasure, and they are demanding a compensation of up to $17 billion.

According to a statement from the Colombian embassy in Washington, the contract signed by SSA and Bogota “never existed.”

In an interview with W Radio, Colombian Ambassador to the U.S. Gabriel Silva said he was very happy with the court’s decision.

“We have almost two decades behind this problem. When I was ambassador 20 years ago, we had the same issue… but for now the Sea Search Armada has no merit whatsoever…” he added.

The San Jose was a Spanish galleon carrying gold and silver that attempted to flee a fleet of British ships off Colombia’s northern coast of Cartagena. It was sunk along with its cargo on June 8, 1708.

CartagenaGabriel Silvasan jose

Trending

  • Colombia’s government and ELN rebels overcome “crisis” in peace talks

  • Colombia seeking mastermind behind Paraguay prosecutor kill plot

For patrons

Downloads for patrons

Related articles

  • Colombia seeking mastermind behind Paraguay prosecutor kill plot

  • The wars for Colombia’s cocaine containers | Part 4: Cartagena

  • Colombia suspends ‘most important project of this century’

  • Twitter
  • Email
  • Rss

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion