Navy offers reward for missing torpedo

Taiwan's navy has reportedly offered fishermen a cash reward if they find a torpedo it lost during a drill.

The German-built missile disappeared off the naval base of Tsoying in southern Taiwain after it came loose from a cable connecting it to a vessel last week, Deutsche Presse-Agentur reports.

Director of the navy's fleet command Wen Cheng-kuo said: "We have budgeted 30,000 Taiwan dollars (£630) as a kind of compensation since it might damage the fishing net during the salvaging process."

The navy reportedly lost a torpedo with 182kg of explosives in 2003 when it missed its target. It was later found on the north-eastern shore of the country.