Ukraine war: £38m Russian-owned Canary Wharf superyacht held
£38million superyacht Phi has been detained in Canary Wharf, east London by UK police under Russia sanctions following Vladimir Putin's invasion of Ukraine.
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£38million superyacht Phi has been detained in Canary Wharf, east London by UK police under Russia sanctions following Vladimir Putin's invasion of Ukraine.
UK officials boarded £38million Phi - named after the mathematical concept - in Canary Wharf on Tuesday. The vessel is the first to be detained in Britain during the invasion of Ukraine.
UK officials boarded Phi in Canary Wharf, east London, on Tuesday. The vessel is the first to be detained in Britain under sanctions imposed due to the war in Ukraine.
The U.K. seized a £38 million ($50 million) superyacht owned by an unnamed Russian businessman on Tuesday as the government ratcheted up sanctions on Russia following its invasion of Ukraine.
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