Russian billionaire docks superyacht in South Africa
South Africa allowed Russian billionaire Alexey Mordashov to dock his $500 million superyacht on Wednesday in Cape Town port despite objections from the city's mayor.
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South Africa allowed Russian billionaire Alexey Mordashov to dock his $500 million superyacht on Wednesday in Cape Town port despite objections from the city's mayor.
The vessel, which is on its way from Hong Kong, belongs to Alexei Mordashov, an ally of Russia's Vladimir Putin who has been sanctioned by the EU and US.
South Africa said it has “no reason” to apply sanctions brought against Alexey Mordashov and that his megayacht is free to dock at its ports.
South Africa has allowed a sanctioned Russian tycoon to dock his megayacht, saying it has no obligation to enforce Western restrictions Read Full Article at RT.com
Cape Town Mayor Geordin Hill-Lewis on Monday wrote to Minister of International Relations and Cooperation Naledi Pandor, requesting her to block the entry of a vessel owned and sailed by Alexey Mordashov.