[Peetwo]

https://mh370.radiantphysics.com/2026/01...ment-40129

ventus45 says:
February 26, 2026 at 1:23 am
@Andrew

Andrew, I have not ignored your “take” of (February 24, 2026 at 8:19 pm) but it has taken a little time to compile a response.

Firstly, I don’t think anyone would disagree that there is no doubt that MGov have frustrated all attempts to find MH370 from day one. The fact that ‘MH370 remains a very sensitive subject in Malaysia’ is mainly because of the secrecy and duplicity (not just the apparent incompetence or the ‘changing narratives’) that has also prevailed, from day one.

The best example of this came very early in this saga, when Hishammuddin Hussein’s interview in an Australian Broadcasting Commission 4 Corners program about a month after the event said it all.

Watch (https://www.youtube.com/watch?v=nukuLJ39i0U) from 32 min 40 sec to 35 min 23 sec. Then watch from 40 min 05 sec to 40 min 41 sec, where Hishammuddin Hussein puts a very ‘clever’ spin on the Inmarsat data, (to deny that the aircraft had flown for many hours) by dismissing it, by ascribing it ONLY to ‘engine data’ (which we now know obviously had not been received because ACARS was down).

By that stage, ‘blind Freddy’ could have deduced that the MGov obviously knew ‘who’ took MH370, ‘why’ MH370 was taken, and quite ‘possibly’ (roughly) where it might be.

I can’t see any logical reason why you should be (apparently) apologetic for MGov’s actions, either past or present.

Then we move to the SIO air search, which was not MGov’s idea at all, it was literally forced on Malaysia by Obama, and he told AusGov to have AMSA run the search. The initial air search was concentrated in the south (37S – 40S), supported by the NTSB ‘two tracks’ (which have mysteriously ‘vanished’ from the public record – funny about that) and other sat data.

Indeed, Chinese sat data indicated even further South West, but MGov did everything that they could to ‘force the search north’, and eventually won.
Why ?

The Chinese IL-76’s weren’t allowed to go out again, they were sent home, the air search was cancelled, the ATSB dumped AMSA, and thus began the saga of the 7th arc towed sonar’s.

The ATSB controlled FUGRO search covered a long narrow strip close to the arc. When PM Najib Razak and Hishammuddin Hussein came out here at separate times during Fugro’s search, it was clear from their body language, that they actually feared that MH370 might be found.

But, alas, Fugro did not find it, and the ATSB search was eventually terminated, and MH370 became a ‘cold case’, much to MGov’s relief, and China’s all too obvious studied inscrutable indifference.

Then, in 2018, OI sprung up out of nowhere, apparently funded by cashed up investment bankers, whom it was rumored, had a penchant for prior ‘clandestine missions’ exploiting (or attempting to exploit) historical shipwrecks with the potential for ‘lucrative payoffs’. Rumors suggested that some of these ‘missions’ had run fowl of various ‘authorities’.

It could be argued that OI was created as a means for them to ‘emerge from the shadows’ by bursting onto the world stage in such ‘a noble quest’ that no one would look deeper. Hiding in plain sight is perfect cover, and although the company was financially HQ’d in London’s ‘City’, it’s operations from 2018 until at least 2020, were apparently run out of Texas.

Anyway, OI made a proposal to MGov, but MGov stonewalled for months. In the meantime, OI prepared Seabed Constructor. When it became clear that MGov would not ‘come to the party’, OI sailed Seabed Constructor to Durban, effectively giving MGov ‘one last chance’ to accept their ‘no find no fee’ offer.

MGov was unmoved, so Seabed Constructor deployed from Durban for ‘the arc’.

By the time Seabed Constructor was about half way across the SIO, MGov knew that they could not ‘stone wall’ any longer, they caved, they signed, and two Royal Malaysian Navy Hydrographers were frantically flown to Perth, put on an ocean going tug, and eventually rendezvoused with Seabed Constructor at the arc, and boarded Seabed Constructor as Malaysia’s ‘official contract observers’.

So, the search for MH370 became OI’s backers / funders first ‘open mission’.
But while Seabed Constructor was searching, back in KL, MGov militarized it’s AIB, and when Seabed Constructor made a port call, they attempted to replace the two Navy Hydrographers with half a dozen Air Force Officers. That didn’t go well.

In the years since, OI has grown by leaps and bounds, with ‘heavy’ capital investment. If you look at their incredible growth rate, I doubt that the revenue generated by their operations to date has come anywhere near paying even a respectable interest return on those investments, let alone made any progress on paying back any of the seed capital. In other words, whoever is funding OI has very deep (bottomless ?) pockets, and is obviously playing a very long game.

Therefore, I very much doubt that your take’s central tenant that OI ‘needs to prioritize opportunities to generate revenue’ holds much water, and is highly unlikely to be ‘a valid escape clause’ for terminating the latest search (nor 7805’s aborted search last year for that matter).

Furthermore, quite clearly, a potential $70m ‘payoff’ for finding MH370 will not come anywhere near covering OI’s MH370 ‘sunk’ expenses from 2018 until now. So why are they persisting with this quest ?

In purely business terms, the only strategy that makes any kind of sense to me is that the company must consider ‘their MH370 project’ as a straight out ‘loss leader’, but the question becomes – for what ?

Perhaps (as you suggest) they are ‘currying favor’ with MGov as a legal contractual lever to guarantee them the ‘exclusive salvage contract’ when and if 9M-MRO is found (by anyone ? – it’s possible an oceanographic research ship might just ‘stumble’ upon it), but even that seems a bit farfetched.

In any case, there is no doubt that MGov do not want MH370 found, not ever, which effectively means, that if OI is only allowed to search where MGov is willing to let them search, then the MGov must be very confident that MH370 is definitely not there, which means that OI are on a hiding to nothing, they will never find it themselves under an MGov contract.

So that only leaves OI having ‘an in place first right to salvage agreement’ of some kind (if someone else finds it).

@All

Armada 8604 has sailed from Port Louis - destination - Las Palmas, SPAIN - eta 30Mar2026.
Armada 8606 has sailed from Singapore - destination - offshore Vung Tau VIETNAM - eta 28Feb2026.

V45 on the money yet again mate, was and always will be a Malaysian Government cover-up -FFS! P2