Malaysia to pay U.S. firm up to $70 mil. if MH370 found in 90 days

The Malaysian government agreed on Wednesday to pay U.S. seabed exploration firm Ocean Infinity Ltd. from $20 to $70 million on condition that it finds the missing Malaysia Airlines flight MH370 within 90 days.The two parties sealed the "no cure, no fee" deal wherein the U.S. firm will scour a new search area covering 25,000 square kilometers in the southern Indian Ocean beginning mid-January.Under the agreement, Malaysia Transport Minister Liow Tiong Lai told a press conference, Ocean Infinity must identify the debris field and/or locate the flight data recorder and cockpit voice recorder.…READ FULL ARTICLE