NEW: U.S. government seizes mega yacht in Spain owned by oligarch with close ties to Russian Pres. Vladimir Putin.
on Monday, the first in the government’s sanctions enforcement initiative to “seize and freeze” giant boats and other pricey assets of Russian elites.
A Civil Guard source told The Associated Press that the immobilized yacht is Tango, a 78-meter vessel that carries Cook Islands flag and that Superyachtfan.com, a specialized website that tracks the world’s largest and most exclusive recreational boats, values at $120 million. The source was also not authorized to be named in media reports and spoke to AP on condition of anonymity.
Vekselberg has long had ties to the U.S. including a green card he once held and homes in New York and Connecticut. The Ukrainian-born businessman built his fortune by investing in the aluminum and oil industries in the post-Soviet era. Vekselberg and Intrater met with Cohen at Trump Tower, one of several meetings between members of Trump's inner circle and high-level Russians during the 2016 campaign and transition.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The World May Hate Putin but They Already Miss Russian TouristsRussian airlines have been banned from Europe and Russian credit cards won’t work without access to the SWIFT network. That spells economic trouble for many regions that have been a magnet for Russians for decades.
Read more »
Exiled Russian oligarch: Putin went 'insane' after Ukraine resistedExiled Russian oligarch says Putin went 'insane' after Ukrainians did not welcome his invasion and 'meet him with flowers' like he anticipated
Read more »
Exiled oligarch calls on other Russian tycoons to break with PutinMikhail Khodorkovsky, the self-exiled Russian oligarch and vocal Kremlin opponent, has called on Russian billionaires and officials who have fled Russia to publicly denounce President Vladimir Putin’s war in Ukraine as criminal.
Read more »
'Misinformed' Putin in 'self-inflicted bubble': Ex-Russian energy officialThe Russian leader is 'deliberately cutting himself off from undesired information,' said a former official on Friday.
Read more »
Hungary Vote Tests Orban’s Friendship With Putin—and Its Need for Russian EnergyIn a counterpoint to Europe’s rush to help Ukraine, Hungarian Prime Minister Viktor Orban has centered his re-election bid on a promise to keep the country out of the fray—and powered by affordable Russian energy supplies.
Read more »
Live updates | Spain wants Russia in court for war crimesSpanish Prime Minister Pedro Sánchez says Russian troops’ alleged atrocities against civilians in Ukraine should be judged in an international court and may amount to genocide
Read more »