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by Michelle Collins
Premium Content
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Ella's Pink Lady, the yacht Jessica Watson sailed around the world as a teenager, is now worth a fraction of the price paid by the State and Federal Governments.
Sources told
The Sunday Mail, the yacht, which cost $300,000 in 2011 and was entrusted to the Queensland Maritime Museum, had mould in the cabin and was leaking.
It has been moved from an undercover shed into the open and a replica cabin built by volunteers has been mothballed.
It's the latest in a series of bad news for the QMM, which is facing permanent closure after a $100,000 cyber attack, a workplace bullying compensation payout, closure during COVID and the resignation of CEO Emma Di Muzio, who is not accused of any wrongdoing.