UK officials boarded £38million Phi - named after the mathematical concept - in Canary Wharf on Tuesday. The vessel is the first to be detained in Britain during the invasion of Ukraine.
Italy has impounded Sailing Yacht A (SYA), the world’s biggest yacht belonging to Russian billionaire, Andrey Igorevich Melnichenko. Italian Prime Minister Mario Draghi has been implementing the economic sanctions imposed by the European Union on key Russian oligarchs for Russia’s invasion of Ukraine. Draghi said his government has frozen the assets of several Russian billionaires linked to […]
Russian billionaire Andrey Melnichenko's estimated $580 million, 140-metre "Sailing Yacht A" superyacht was dramatically seized in the Italian port of Trieste.
Italian police have seized a superyacht owned by Russian billionaire Andrey Igorevich Melnichenko, the prime minister's office said on Saturday, a few days after the businessman was placed on an EU sanctions list following Russia's invasion of Ukraine.