GB News joint owner loses fight over £34m of secretly salvaged silver

Sir Paul Marshall claimed ownership of thousands of silver bars, but finders are not always keepers

The joint owner of GB News has lost a legal battle with the South African government over £34m of silver secretly salvaged from a second world war shipwreck.

Sir Paul Marshall, who is lining up a bid for the Daily Telegraph, had claimed ownership of 2,364 silver bars that his company recovered from the bottom of the Indian Ocean.