The authorities accuse the archipelago Paul Allen had destroyed a coral reef with his yacht. Tycoon Strikes
It is a clash of the titans. On one side is Paul Allen, cofounder of Microsoft and owner of one of the largest fortunes in the world. And secondly, the authority of the Cayman Islands, the first tax haven in the world. Both spent months faced by 1,200 square meters of coral reefs in the Caribbean. In January, the Department of Environment of the archipelago billionaire denounced for allegedly destroyed the surface of "sea forest" with its super yacht, the "Tatoosh".
According to the Cayman authorities, anchor and chain craft Allen sprayed eighty percent of a portion of the precious reef on the west coast of Grand Cayman, the largest of the three islands that make up this British Overseas Territory under the United Kingdom and located northwest of Jamaica. The UN warned in 2014 that Caribbean coral reefs could disappear in the next two decades and they all have "restricted or prohibited practices of fishing and navigation."
Allen, who is a strong advocate of conservation of marine life, could face a fine and the crew of his yacht could be sued criminally. According to the New York newspapers, Cayman Islands could even order the seizure of the "Tatoosh" a boat valued at 162 million dollars (145 million euros). Now, Vulcan Inc., a business tycoon, doubts that the yacht has been the cause of the damage and also questions the extent of the environmental impact of the passage of "Tatoosh" by the waters of Cayman.
Although Vulcan Inc. has objected to the accusations against "Tatoosh" Allen has hired a company specializing in reef restoration company to repair the alleged deterioration that caused his superyacht. The firm Polaris Applied Sciences Inc. is working on the site since January month, but accuses the Cayman authorities to delay reconstruction work. According to the press of the tiny British protectorate, the cofounder of Microsoft might have to be forced to pay up to $ 600,000 (half a million euros) for damages. Allen has an estimated nearly 18,000 million fortune.