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Showing results for Rusian yacht seizure
...Breaching such orders can result in imprisonment, a fine or asset seizures....
...He has increasingly built a social media following where he sharply critiques government policy, posts photos of his mega-yacht and insults ruling party lawmakers and journalists....
...The judge in Krasnodar sided with Sirius, even though publicly available images show yachts moored there....
...It’s hard to spot seizure risk in order data. All three yacht makers had a weakish first quarter in 2023, after a fairly strong couple of years....
...It did not name him and only disclosed that the vessel belonged to a “Russian businessman” as it hailed the seizure of the first superyacht in UK waters as part of the sanctions....
...They forgot about this house in France or this yacht. They will build new yachts in Turkey and buy new houses in Dubai.”...
...The case is part of a wave of wartime seizures as the Kremlin seeks to reward cronies with prime assets....
...Two avenues are being explored: confiscating the already frozen accounts, yachts and mansions of Putin-linked oligarchs, and sequestering state property — above all, the $300bn of frozen Russian central...
...“Today marks our task force’s first seizure of an asset belonging to a sanctioned individual with close ties to the Russian regime....
...Many are now watching nervously as governments step up seizures in an intensifying campaign of sanctions against Russia because of the war in Ukraine....
...That suggests these yachts will continue to seek safe ports for some time....
...Solaris, another yacht belonging to the Chelsea Football Club owner, arrived on Monday in the Turkish coastal town of Bodrum after skirting EU waters....
...“Selling impounded yachts is more of symbolic value.”...
...Speaking to the Italian parliament this week, Ukrainian president Volodymyr Zelensky named the Scheherazade as he urged Italians to step up Russian asset seizures....
...US authorities alleged the seizure was triggered by violations of bank fraud, money laundering and sanction statutes. Vekselberg did not immediately respond to a request for comment....
...But while many oligarch-owned yachts were sailing to the Maldives to avoid potential seizure, the Phi stayed put....
...Locals say Russian-owned superyachts are now noticeably absent from the marina at Porto Cervo, following at least a dozen seizures around Europe....
...Of course art is often a luxury of the super-rich, influential oligarchs among them, and — sadly — it probably does have to be treated like yachts and houses and any other valuable holding....
...Draghi spoke after Ukraine president Volodymyr Zelensky addressed the Italian parliament with a targeted message about asset seizures....
...For governments, the scale of recent asset freezes and seizures has been unprecedented, from yachts to Russian-owned residential and commercial properties to the freezing of tens of billions of dollars in...
...One of the aims of the new measures is to better pave the way for Russian asset seizures — a legal minefield that has seen a plethora of creative solutions....
...The White House said that Germany had seized the yacht, which is in the northern port of Hamburg. German officials have not confirmed the seizure....
...Bird noted that there had been no major publicised seizures since Embaló took office....
...As an added bonus, seizure of Abramovich’s boat would also solve the royal yacht problem....
...Bored Ape Yacht Club and CryptoPunks are two of the best known examples, but there are dozens of other NFTs in the space....
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