Armed pirates boarded a £20 million charter yacht in the Med and robbed passengers and crew of more than £100,000 in cash.

The 178ft superyacht Tiara wasanchored off Corsica when the four masked men arrived in a speedboat. They ordered the skipper to empty the boat’s safe and then robbed the nine passengers of cash and jewellry. Artworks were also taken from the yacht.

A Coastguard said it was very rare for such attacks to happen in European waters.