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A New Wave of Russian Superyachts Seizures Is Coming, U.S. Authorities Say

If anyone thought that the hunt for Russian oligarch-owned superyachts was close to ending, they were wrong. Despite the controversy surrounding the lega.

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Transcripts for MSNBC MSNBC Prime 20240604 08:52:00

Seats shake when the action happens in the movie? the u.s. government and i guess you now own one of those and believe it or not it is on this thing. this is the 348-foot-long, $300 million super yacht amadea. authorities in fiji where it is docked seized ship at the request of the united states as part of the clepto capture task force. the justice department hunted thu this ship down specifically because it longs to this man, the sanctioned russian oligarch who made his money in russian energy and banks. the impact of sanctions is lard to see but this is easy to see. the thing is to in your face, about how expensive it, it is insane. this super yacht, not a lot, the super yacht, it s got a 33-foot see through pool, a second pool that can be turned into a stage, a jacuzzi, a helicopter landing pad because you need one of

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Transcripts for CNN CNN Newsroom With Ana Cabrera 20240604 17:54:00

Some quick work by the clepto capture task force. the goal of the team is twofold. their renewing their ability to prosecute these oligarchs and enforcing sanctions. today, the doj unsealed the first charges against a russian oligarch. he had sanctions imposed on him years ago and now he s charged with attempting to evade those sanctions by working with other coconspirators to run media outlets across europe. so that s one thing. doj fbi also announced they thwarted what could have been a cyber attack in ukraine. and this all comes on top of what we saw on monday when u.s. officials worked with partners in spain to actually seize a russian oligarch s $90 million

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Transcripts for CNN CNN Newsroom With Ana Cabrera 20240604 17:16:00

yeah. okay. thank you both. ambassador. appreciate you both. a critical moment in russiay war in ukraine. putin s forces are refocusing on the east, aiming for a victory by early may. how can ukrainian troops stop them? we ll give you the state of play. and this is how you seize and freeze a russian oligarch s megayacht. u.s. officials asked spanish law enforcement to help take this 255-foot luxury yacht, called tango owned by russian billionaire viktor vasleburg. it was knocked in palme de may o mallorca. this is all part of the mission of the united states new cleptso capture task force created to enforce the sanctions crackdown. vexleberg has close ties to president vladimir putin.

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Interpreting OFAC Sanctions: The Fine Line Between Compliance and Evasion | The Volkov Law Group

Unsurprisingly, we’ve been fielding a significant number of inquiries regarding the latest Russian sanctions.  Most companies seek black and white answers – what can we do and what.

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