Italy seizes Russian oligarch's yacht: govt
2 years, 9 months ago

Italy seizes Russian oligarch's yacht: govt

India Today  

Italy said Friday that it seized the yacht of a Russian oligarch who is seen as close to President Vladimir Putin and is subject to EU sanctions. "Italy's police has just seized 'Lady M Yacht', a 65 million euros vessel belonging to Alexey Alexandrovits Mordaschov located in Imperia -- in compliance with the recent EU sanctions," Ferdinando Giugliano, a media adviser to Italy's prime minister, said in a tweet. For full coverage on Russia-Ukraine war "I have absolutely nothing to do with the current geopolitical tensions and I don't understand why the EU has imposed sanctions on me," he said. The first yacht seized as a result of EU sanctions was the Amore Vero, snatched Thursday in the French port of La Ciotat.

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History of this topic

US to impose 500 new sanctions on Russia's ‘war machine’; indicts Russian businessmen
10 months ago

US to impose 500 new sanctions on Russia's ‘war machine’; indicts Russian businessmen

Hindustan Times  

The Treasury Department plans to impose more than 500 new sanctions on Russia and its war machine on Friday as the US vows to keep up its financial pressure on Moscow with the war entering its third gruelling year. The White House had promised major sanctions in response to the death last week of Russian President Vladimir Putin's most prominent …

Pair charged with hiding Russian oligarch's ties to yacht
1 year, 11 months ago

Pair charged with hiding Russian oligarch's ties to yacht

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Two businessman have been charged …

US Sanctions Target Russian Arms Supply Betwork, Oligarch Kerimov
2 years, 1 month ago

US Sanctions Target Russian Arms Supply Betwork, Oligarch Kerimov

News 18  

The US Treasury announced sanctions on Monday on a Russian defense procurement network and blacklisted private aircraft and companies in France and Switzerland tied to oligarch Suleiman Kerimov. The companies the Treasury is targeting with sanctions fall within the international network of Russian microelectronics company AO PKK Milandr, which it said was vital to the supply of microelectronics to the …

Putin-linked elites, yachts, firms targeted for sanctions
2 years, 6 months ago

Putin-linked elites, yachts, firms targeted for sanctions

Associated Press  

WASHINGTON — The U.S. announced new sanctions Thursday on Russian oligarchs and elites, including some of the richest men in Europe and their families, as well as penalties targeting more Kremlin officials, businessmen linked to President Vladimir Putin and their yachts, aircraft and firms that manage them. “Russia’s elites, up to and including President Putin, rely on complex support networks …

US sanctions Russian officials, oligarchs, Putin’s megayachts
2 years, 6 months ago

US sanctions Russian officials, oligarchs, Putin’s megayachts

Al Jazeera  

Among those targeted is also an oligarch who heads a major steel producer, the US Treasury Department said on Thursday. The United States further expanded sanctions aimed at punishing Russia for its invasion of Ukraine, with targets including prominent Russian government officials and business leaders with close ties to President Vladimir Putin. Among those designated is an oligarch who heads …

Giant £570m superyacht ‘owned by Vladimir Putin’ is seized by Italian authorities
2 years, 7 months ago

Giant £570m superyacht ‘owned by Vladimir Putin’ is seized by Italian authorities

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Italian government has seized …

Italy seizes billion-dollar superyacht Scheherazade, reportedly linked to the Russian government
2 years, 7 months ago

Italy seizes billion-dollar superyacht Scheherazade, reportedly linked to the Russian government

ABC  

The Italian government says it has seized a luxury yacht worth almost a billion dollars, which is reportedly linked to the Russian government. Key points: The 140-metre superyacht has been rumoured to have links to Russia's President, but its actual owner isn't publicly known Italian authorities have seized the vessel, which they say is linked to "prominent elements of the …

Fiji seizes Russian oligarch’s $300m yacht at US request
2 years, 7 months ago

Fiji seizes Russian oligarch’s $300m yacht at US request

Al Jazeera  

US Justice Department task force has focused on seizing yachts and luxury assets owned by Russians following the invasion of Ukraine. Fijian authorities have seized a $300m yacht owned by Russian oligarch Suleiman Kerimov at the request of the United States, according to the US Justice Department. The US Treasury Department had previously designated Kerimov “as part of a group …

Explained: Why US needs a law to sell off Russian oligarchs' assets
2 years, 7 months ago

Explained: Why US needs a law to sell off Russian oligarchs' assets

Firstpost  

Under current federal law, only the Justice Department has the authority to determine how seized funds can be spent. And there are strict rules on who can benefit from seized proceed Washington: President Joe Biden doesn’t want to just seize the yachts, luxury homes and other assets of Russian oligarchs, he wants to sell off the pricey goods and use …

Russian oligarch’s super yacht arrives in Turkish waters
2 years, 8 months ago

Russian oligarch’s super yacht arrives in Turkish waters

Al Jazeera  

Russian billionaires are heading for Turkey to flee Western sanctions over Russia’s invasion of Ukraine. A yacht linked to a Russian aluminium tycoon arrived in a bay near the southwestern Turkish resort of Gocek on Saturday, as more Russian billionaires head for Turkey to flee Western sanctions over Russia’s invasion of Ukraine. The arrival of the Clio in Turkish waters …

US seizes yacht owned by oligarch with close ties to Putin
2 years, 8 months ago

US seizes yacht owned by oligarch with close ties to Putin

Associated Press  

PALMA DE MALLORCA, Spain — The U.S. government on Monday seized a 254-foot yacht in Spain owned by an oligarch with close ties to Russian President Vladimir Putin, a first by the Biden administration under sanctions imposed after the Kremlin’s invasion of Ukraine and targeting pricey assets of Russian elites. The yacht is among the assets linked to Viktor Vekselberg, …

US seizes yacht docked in Spain and owned by Russian oligarch
2 years, 8 months ago

US seizes yacht docked in Spain and owned by Russian oligarch

Al Jazeera  

The United States says Viktor Vekselberg, a billionaire and close ally of Russian President Vladimir Putin, owns the mega-yacht Tango. Documents tied to the US investigation allege that Viktor Vekselberg bought the Tango in 2011 and used shell companies to hide his interest in the vessel, the Justice Department said. Vekselberg, a billionaire and close ally of Russian President Vladimir …

Ukrainian crew member who tried to sink a yacht linked to an oligarch: ‘It was my first step for the war with Russia’
2 years, 9 months ago

Ukrainian crew member who tried to sink a yacht linked to an oligarch: ‘It was my first step for the war with Russia’

CNN  

CNN — For 10 years, Taras Ostapchuk worked at what many might consider a dream job, as the chief engineer for the Lady Anastasia, a luxurious 156-foot yacht that cruised mostly from one upscale port to another across the sparkling Mediterranean Sea. “It was my first step for the war with Russia.” In an interview with CNN from Ukraine, Ostapchuk, …

Is Mystery Yacht in Tuscany Russian President Vladimir Putin's Pleasure Boat?
2 years, 9 months ago

Is Mystery Yacht in Tuscany Russian President Vladimir Putin's Pleasure Boat?

News 18  

In a dry dock in the Tuscan seaside town of Massa stands the “Scheherazade”, the most infamous yacht in Italy today due to speculation it could belong to Vladimir Putin. The Italian Sea Group said in a statement the yacht was “not attributable to the property of Russian President Vladimir Putin”. ‘Seize them all’ Interviewed by the New York Times …

Is mystery yacht in Italy Putin's pleasure boat?
2 years, 9 months ago

Is mystery yacht in Italy Putin's pleasure boat?

India Today  

In a dry dock in the Tuscan seaside town of Massa stands the "Scheherazade", the most infamous yacht in Italy today due to speculation it could belong to Vladimir Putin. The Italian Sea Group said in a statement the yacht was "not attributable to the property of Russian President Vladimir Putin". Since Moscow's February 24 invasion of Ukraine and the …

Mega yacht ‘owned by oligarch and Putin ally Igor Sechin’ seized by Spanish authorities
2 years, 9 months ago

Mega yacht ‘owned by oligarch and Putin ally Igor Sechin’ seized by Spanish authorities

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A superyacht thought to be …

Italy seizes sanctioned Russian oligarch's $580 million superyacht
2 years, 9 months ago

Italy seizes sanctioned Russian oligarch's $580 million superyacht

India Today  

The Italian police have seized a superyacht from Russian billionaire Andrey Igorevich Melnichenko, the prime minister's office said on Saturday, a few days after the businessman was placed on an EU sanctions list following Russia's invasion of Ukraine. The 143-metre Sailing Yacht A, which has a price tag of 530 million Euros, has been sequestered at the northern port of …

Italian police seize $200m of Russian oligarchs' assets as part of sanctions over Ukraine
2 years, 9 months ago

Italian police seize $200m of Russian oligarchs' assets as part of sanctions over Ukraine

ABC  

Italian police have seized villas and yachts worth at least 140 million euros from five high-profile Russians who have been placed on an EU sanctions list following Moscow's attack on Ukraine. Key points: The affected oligarchs include Russia's richest man, Alexey Mordashov Another has been described by the Russian President as one of his closest associates More assets are expected …

Italy seizes $156 million in oligarch wealth, pressing Putin
2 years, 9 months ago

Italy seizes $156 million in oligarch wealth, pressing Putin

Associated Press  

MILAN — European governments are moving against Russian oligarchs to pressure Russian President Vladimir Putin to back down on his war in Ukraine, seizing superyachts and other luxury properties from billionaires on sanctions lists. “We must be able to stop Putin’s attack, bringing him to the table, and he won’t go with niceties,” Italian Foreign Minister Luigi Di Maio told …

Russian oligarchs' ships seized amid sanctions over Ukraine invasion
2 years, 9 months ago

Russian oligarchs' ships seized amid sanctions over Ukraine invasion

ABC  

French authorities say they have seized a yacht owned by a Russian oligarch with close ties to Vladimir Putin which was being prepared to "sail off urgently" from its dock on the French Riviera. Key points: A vessel docked on the Mediterranean was seized Customs officers said the yacht was preparing to leave before repair work was complete A growing …

France seizes its first yacht as the West pledges to crack down on Russian oligarchs
2 years, 9 months ago

France seizes its first yacht as the West pledges to crack down on Russian oligarchs

NPR  

France seizes its first yacht as the West pledges to crack down on Russian oligarchs Enlarge this image toggle caption Nicolas Tucat/AFP via Getty Images Nicolas Tucat/AFP via Getty Images French authorities say they have seized a yacht linked to sanctioned Russian oligarch Igor Sechin. French finance minister Bruno Le Maire announced on Thursday that French authorities had seized Sechin's …

France seizes Russian oligarch’s yacht amid EU sanctions
2 years, 9 months ago

France seizes Russian oligarch’s yacht amid EU sanctions

Al Jazeera  

The move against Rosneft boss Igor Sechin came as Western states are implementing severe sanctions, including asset freezes, against Russia for invading Ukraine. Custom officers in France have seized a yacht belonging to Rosneft boss Igor Sechin as it tried to leave the Mediterranean port of La Ciotat in a breach of European Union sanctions on Russian oligarchs, Finance Minister …

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