The U.S. government seized a 254-foot yacht in Spain owned by an oligarch with close ties to Russian President Vladimir Putin.
, a billionaire and close Putin ally who heads the Moscow-based Renova Group, a conglomerate encompassing metals, mining, tech and other assets, according to U.S. Treasury Department documents.
It's the first U.S. seizure of an oligarch’s yacht since U.S. Attorney General Merrick Garland and U.S. Treasury Secretary Janet Yellen assembled a task force known as REPO — short for Russian Elites, Proxies and Oligarchs — as an effort to enforce sanctions after Russia invaded Ukraine in late February.
Vekselberg was first sanctioned by the U.S. in 2018, and again in March of this year, shortly after the invasion of Ukraine began. Vekselberg has also been sanctioned by authorities in the United Kingdom.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. said to seize mega yacht owned by oligarch who's close to PutinSpain's Civil Guard and U.S. federal agents descended on the yacht at the Marina Real in the port of Palma de Mallorca, the capital of Spain's Balearic Islands.
Read more »
US seizes yacht owned by oligarch with close ties to PutinThe 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 initiative to “seize and freeze” giant boats and other pricey assets of Russian elites. The joint operation to seize the yacht, with Spain's Civil Guard, the FBI and Homeland Security Investigations, was carried out at the request of U.S. authorities, the Civil Guard said.
Read more »
US seizes yacht owned by oligarch with close ties to PutinThe capture of the yacht on Monday is the first in the government’s sanctions enforcement initiative to “seize and freeze” giant boats and other pricey assets of Russian elites.
Read more »
US seizes yacht owned by oligarch with close ties to PutinThe capture of the massive yacht is the first in the government’s sanctions enforcement initiative to “seize and freeze” giant boats and other assets of Russian elites.
Read more »
US seizes yacht owned by oligarch with close ties to PutinNEW: U.S. government seizes mega yacht in Spain owned by oligarch with close ties to Russian Pres. Vladimir Putin.
Read more »