U.S. seizes Russian oligarch’s yacht, a first under sanctions
Headline from Arkansas Democrat-Gazette
PALMA DE MALLORCA, Spain -- The U.S. government on Monday seized a 254-foot yacht in Spain owned by an oligarch with close ties to Russian President Vladimir Putin, a first by the Biden administration under sanctions imposed after the Kremlin's invasion of Ukraine and targeting pricey assets of Russ…
Arkansas Democrat-Gazette's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The U.S. government seized a mega yacht in Spain owned by an oligarch with close ties to the Russian president on Monday, the first in the government's sanctions enforcement initiative to "seize and freeze" giant boats and other pricey assets of Russian elites.
By Whitney Wild and Devan Cole, CNN A 255-foot luxury yacht owned by a Russian billionaire was seized by Spanish law enforcement on Monday at the request of US officials, according to the Justice Department.
The DOJ alleges in a warrant the yacht should be forfeited because billionaire Viktor Vekselberg violated U.S. bank fraud, money laundering and sanctions statutes.
By Whitney Wild and Devan Cole, CNN A 255-foot luxury yacht owned by a Russian billionaire was seized by Spanish law enforcement on Monday at the request
The yacht is among the assets linked to Viktor Vekselberg, a billionaire who heads the Moscow-based Renova Group, a conglomerate encompassing metals, mining, tech and other assets.
PALMA DE MALLORCA, Spain -- The U.S. government on Monday seized a 254-foot yacht in Spain owned by an oligarch with close ties to Russian President Vladimir Putin, a first by the Biden administration under sanctions imposed after the Kremlin's invasion of Ukraine and targeting pricey assets of Russ…
