Oligarch's $200m superyacht to be sold at auction to benefit Ukraine | Ukraine
Ukraine says Croatian court has cleared way for sale of Viktor Medvedchuk’s Royal Romance yacht
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Ukraine says Croatian court has cleared way for sale of Viktor Medvedchuk’s Royal Romance yacht
After the very enthusiastic wave of sanctions and seizures of luxury assets from Russian oligarchs, as a means to discourage Putin’s ongoing war in...
It can cost millions of dollars a year to maintain yachts while authorities work out what to do with the assets, a process that can take some time.
A $140m Russian-owned yacht, which is said to belong to a Russian defence conglomerate CEO, has been seized by the Spanish court.
By Gaspard Sebag and Stephanie Baker (Bloomberg) –A Spanish court moved to seize a superyacht valued at $140 million that’s linked to a senior executive at a Russian defense conglomerate, after...