Malaysia OKs new search for MH370

KUALA LUMPUR — The Malaysian government has agreed to an offer by a US exploration company to resume the search for the missing Malaysia Airlines flight MH370, Transportation Minister Liow Tiong Lai said on Saturday.

The company, Ocean Infinity, said earlier this week that it was “hopeful of receiving the final contract award for the resumption of the search for MH370 over the coming days”.

“The basis of the offer from Ocean Infinity is based on ‘no cure, no fee’,” Lai said, meaning that payment will be made only if the company finds the wreckage.

“That means they are willing to search the area of 25,000 square kilometers pointed out by the expert group near the Australian waters.”

The basis of the offer from Ocean Infinity is based on ‘no cure, no fee’.”

Liow Tiong Lai, Malaysian Transportation Minister