Russian oligarch's luxury yacht seized in Spain at US' request

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Russian oligarch's luxury yacht seized in Spain at US' request
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A 255-foot luxury yacht owned by a Russian billionaire has been seized by Spanish law enforcement at the request of US officials, according to the US Justice Department

Washington A 255-foot luxury yacht owned by a Russian billionaire was seized by Spanish law enforcement on Monday at the request of US officials, according to the Justice Department.

The Russian, Viktor Vekselberg, has close ties to Russian President Vladimir Putin, and his case marks the first seizure by a newly formed US task force that's dedicated to cracking down on sanctions violators in response to Russia's war in Ukraine. The US Justice Department said the $90 million superyacht, dubbed"Tango," was seized based on alleged violations of US bank fraud, money laundering and sanctions statutes.

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