A wealthy Russian businessman has lost a High Court fight with the Government over the detention of his superyacht.Sergei Naumenko wanted a judge to make an order setting aside a Government decision to detain the Phi as part of a sanctions regime fol.
Sergei Naumenko wanted a judge to make an order setting aside a Government decision to detain the Phi as part of a sanctions regime following Russia s invasion of Ukraine in 2022.
A Russian-owned £38 million superyacht seized by the UK government at the start of the invasion of Ukraine is at the centre of a High Court tug of war.