Italy seized the world’s largest yacht

The 143-meter-long ship was hijacked in the northern Italian port of Trieste, Prime Minister Mario Draghi said amid sanctions imposed over the invasion of Ukraine.Melnichenko, one of Russia’s richest men, founder of the MDB bank and with investments in the petrochemical sector, Is on the list of oligarchs to be sanctioned by the European Union (EU), the British chain reported BBC.La last week the Italian government announced that it had frozen assets of Russian billionaires in the country worth 140 million euros, including several yachts that were seized. One of the most important so far was the yacht “Lady M”, which has a value of 65 million euros, belonging to Alexey Mordashov, also close to Putin.A second luxury boat was also seized, the “Lena”, from the billionaire founder of Gunvor (business company with raw materials), Gennady Timchenko, and which has a value of about 50 million euros. As for real estate, a property worth about 17 million euros of Russian billionaire Alisher Usmanov was seized.Real estate properties of two personalities close to Russian power and valued at about 11 million euros were also confiscated, according to the Italian government. More than 500 Russian individuals or entities were targeted by European sanctions. The States of Europe seize their assets and economic resources as they locate them and manage to relate them to their owners.

Original source in Spanish