Business

Italy confiscates the world’s largest superyacht, worth nearly 600 million USD Russian billionaire

According to Reuters, Italian police have seized a superyacht belonging to Russian billionaire Andrey Igorevich Melnichenko, days after the businessman was added to an EU sanctions list amid Russia’s invasion of Ukraine.

The government said that the 143 meter 578 million Sailing Yacht A cruise ship was sealed off in the northern port of Trieste.

Designed by Philippe Starck and built by Nobiskrug in Germany, this ship is the largest sailing yacht in the world.

Russian billionaire Melnichenko owns major fertilizer producer EuroChem Group and coal company SUEK.

Last week, Italian police seized a $156 million villa and yacht from five top Russian officials who had been put on a sanctions list.

The Italian operation is part of a coordinated campaign by Western countries to punish wealthy Russians associated with President Vladimir Putin.

Italian media released footage showing the Melnichenko’s yacht seized.

In announcing the sanctions against Melnichenko, the EU council called him “Vladimir Putin’s closest member” and that he “supported or carried out any actions or policies that weaken or threaten Ukraine”.

The EU also said that the billionaire is one of the leading businessmen involved in the sector of the economy that provides a significant source of income for the Russian government, which was responsible for the annexation of Crimea and the destabilization of Ukraine. .

The United States has also imposed tough sanctions on the business elite and close associates of President Vladimir Putin, including the wife and two children of Russian President Dmitry Peskov’s spokesman.

The US Treasury also intercepted a $90 million private jet and yacht belonging to businessman Viktor Vekselberg.


According to Siddhartha

You are reading the article Italy confiscates the world’s largest superyacht, worth nearly 600 million USD Russian billionaire

at Blogtuan.info – Source: cafebiz.vn – Read the original article here

Back to top button