German authorities have seized at least $ 600 million worth of yachts owned by Russian billionaire Alisher Usmanov, who was fined by the European Union over the Russian military’s invasion of Ukraine. Forbes, citing sources close to the shipping industry.
The yacht Dilbar, 156 meters long, was seized in the port of Hamburg, according to Forbes.
The ship, built by the German shipyard Lürssen, was in the Blohm + Voss shipyard for repairs and modifications, the American magazine noted, adding that the German authorities had seized Mr. Usmanov’s property and that the crew of the yacht had not arrived.
A spokesman for the German Federal Customs Service or the Blohm + Voss shipyard was not available for comment. Forbes reported that representatives of the Russian businessman did not respond when asked to comment on the incident.
Brussels has imposed sanctions on Russian metallurgy tycoons and 25 other prominent Russian business figures over Russia’s invasion of Ukraine in a decision published in the EU’s official newspaper.
At least five Russian billionaire yachts were anchored or sailing on Wednesday in the Maldives, an island nation of India that has not signed an extradition agreement with the United States, according to specialized companies that record the geographical location of ships.
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