PETALING JAYA: Italian yacht builder Baia said that the entire story about a RM14.5bil golden yacht purportedly bought by a leading Malaysian businessman is fake and photographs of it were digitally manipulated.
Baia sales manager Mario Boselli said there was no golden boat and the story was made up by a British designer.
"We only have normal boats here, not golden boats.
"It is a stupid story and has nothing to do with us. They took photographs from our website without permission," he said when contacted on Wednesday
British boating magazine Motorboat & Yachting had published an article on its website on Tuesday where Borselli outed the yacht as a fake.