By Richard Shears PUBLISHED: 10:16 EST, 16 November 2012 | UPDATED: 18:36 EST, 16 November 2012 A shipwrecked yacht containing £80million of cocaine and the decomposing body of a dead crew member has been found by divers in the Pacific. The unusual discovery of the French-named vessel called Jereve, which was laden with 204 one-kilo blocks of cocaine, was made about ten miles north of Tonga's main island. A second crew member from the 40ft yacht, which had been tracked by authorities since it left Ecuador in August, is missing leaving police in four countries trying to establish if he is dead or on the run.
@highlight
Vessel had been tracked by drug enforcement authorities after it left Ecuador, but they lost contact on October 5
@highlight
Discovery of 204 one-kilo blocks of cocaine was made about ten miles north of Tonga's main island
@highlight
Police trying to identify whether second crew member who is missing is dead or managed to escape
the body was that of a 'palagni' – the @placeholder name for a white person