Vladimir Putin owns £500m superyacht moored in Italy, Alexei Navalny allies claim
The IndependentFor 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 $700m superyacht moored off the west coast of Italy belongs to Russian president Vladimir Putin, allies of jailed opposition leader Alexei Navalny claim. In a video shared on Monday from Mr Navalny’s YouTube channel, allies of the imprisoned dissident claimed they had identified almost half of the ship’s crew as belonging to the the Federal Protective Service, described as “the agency that protects Putin and organises his life”. Days later, Mr Bennett-Pearce said he had been left with “no choice” but to reveal the owner’s identity to the Italian police, adding: “I have no doubt in my mind whatsoever that this will clear the vessel of all negative rumours and speculations.” Since the European Union has targeted the Russian leader with several personal sanctions, the superyacht - should it be revealed to belong to him - could be seized by authorities. Recommended Russian airstrike on Kyiv sees destruction of shopping mall in Podilskyi “If a person falls under personal sanctions, like Putin, this means that any of his property found in the European Union automatically gets frozen,” Ms Pevchikh said.