The CEO of Global Gaming Factory, the company aiming to buy the Pirate Bay, has suffered yet another embarrassment. After losing a luxury car and a motorcycle to the tax authorities over an unpaid debt, the bailiffs - acting on an anonymous tip - have sailed off in Hans Pandeya's luxury boat.

Having failed to pay a debt of some 780,000 kronor ($110,400) owed to the Swedish tax authorities, at the end of August enforcement officers ran out of patience with Hans Pandeya and moved to seize his assets.

A tow truck took away Pandeya’s car, which we can now reveal was a rather nice BMW 745iA, and his Harley Davidson. The tax authorities valued the car at 150,000 kronor ($20,800) and the motorcycle at 40,000 kronor ($5,550) so his tax debt still wasn’t cleared, not by a long way.

The bailiffs needed to find more funds but it was reported in the Swedish media that they were unable to find any bank accounts. But the trail didn’t go cold.

Following an anonymous tip-off, bailiffs homed in on the Royal Motorboat Club in Stockholm and there they found it – not a torrent galleon with cannons either side, a huge sail and overflowing with pirates, but Hans Pandeya’s luxury boat.

Pandeya’s Boat

According to the bayliffs who spoke with Realtid.se, unless Pandeya comes up with the money, the authorities will sell the cruiser at auction within the next two months. At the moment they say it’s worth around 450,000 kronor ($62,400), although that figure could be revised. Have a look round, you might like to offer more;

Avast!

That still leaves a 142,000 kronor tax debt, so who knows what the authorities will seize next.