Which yachts of the Russian oligarch were confiscated?
The Russian billionaires are said to be some of the few people who have Putin’s ear.
sanctions The super-rich may not take action against the average citizen living in Russia, but it is hoped that threats to confiscate foreign assets might.
On March 2, French authorities seized Amore Vero, linked to Igor Sechin, in La Ciotat in the Mediterranean.
Another of Sechin’s yachts, named Crescent, was taken over by Spanish authorities on March 16 in the port of Tarragona, Catalonia.
Shortly thereafter, on March 14, the $140 million yacht owned by Sergei Chemezov, a former KGB officer, was seized in Barcelona, Spain.
Spanish authorities also seized Lady Anastasia in Mallorca, reportedly owned by Alexander Mikheyev, a Russian arms exporter.
Steel magnate Alexey Mordashov’s superyacht Lady M has been seized in Imperia by Italian authorities.
Another yacht in Sanremo was taken, named Lena and owned by Gennady Timchenko, an oil and gas mogul.
Italy seized a $580 million yacht in the port of Trieste from Andrey Melnichenko, who was sanctioned on March 9.
According to Croatian reports, Victor Medvedchuck’s mega yacht Royal Romance was also confiscated.
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