Italy seizes the giant yacht worth 530 million euros of the Russian tycoon – POLITICO

The Italian financial police force has seized a superyacht worth €530 million belonging to Russian financier Andrey Igorevich Melnichenko, spokesman for the Italian government said today.

The ship was seized on Friday in the northeastern port of Trieste. Called “SY A”, it is one of the largest companies in the world.

Melnichenko is one of the financiers who bear punishment after the Russian invasion of Ukraine. According to the EU, he is “one of the most influential Russian businessmen with close ties to the Russian government”. As such, he is “in the economic sectors that provide a significant source of revenue for the Government of the Russian Federation”.

Brussels says that “he is one of Vladimir Putin’s closest members and he is supporting or carrying out actions or policies that undermine or threaten Ukraine’s territorial integrity, sovereignty and independence.” , as well as stability and security in Ukraine.”

After the EU passed sanctions, Rome seized yachts and villas of close associates of Russian President Vladimir Putin, such as the villa in Sardinia of Russian oligarch Alisher Usmanov. Italy seizes the giant yacht worth 530 million euros of the Russian tycoon - POLITICO

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