PHOTOS: Saudi Megayacht Aground at Cannes

The 354-foot vessel sparked a beach pollution alert after running aground.

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Owned by Prince Mohammed bin Fahd, playboy son of Saudi King Fahd, Montkaj came into the prince's hands under dubious circumstances. Registered in the Cayman Islands, the 256-foot ship was allegedly built using money transferred to front companies in Guernsey, off the coast of England. (Gabriel Whiting / yachts.monacoeye.com )
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