{"id":148918,"date":"2022-04-01T06:51:13","date_gmt":"2022-04-01T10:51:13","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=148918"},"modified":"2022-04-01T07:08:35","modified_gmt":"2022-04-01T11:08:35","slug":"two-falmouth-harbour-yachts-confirmed-as-belonging-to-russian-oligarch-abramovich%ef%bf%bc","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/two-falmouth-harbour-yachts-confirmed-as-belonging-to-russian-oligarch-abramovich%ef%bf%bc\/","title":{"rendered":"Antigua confirms Roman Abramovich owns two yachts moored on island"},"content":{"rendered":"
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FINANCIAL TIMES:<\/p>

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The Antiguan government has established that two yachts moored in the Caribbean island belong to Roman Abramovich, confirming a Financial Times investigation that revealed the vessels appeared to be owned by the sanctions-hit oligarch.<\/p>\n

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The FT reported this week that boats docked in Antigua\u2019s Falmouth Harbour were owned by a British Virgin Island company with ties to Abramovich, prompting the Caribbean nation to call on the UK government to help confirm whether the oligarch was their ultimate owner.<\/p>

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In a letter to the British High Commissioner to Barbados seen by the FT, Antigua\u2019s minister of foreign affairs Paul Chet Greene said the island\u2019s government had requested information on whether the owner of the BVI company, Wenham Overseas Limited, is on Britain\u2019s sanctions list, in light of \u201cpersistent allegations by the Financial Times that the vessels could be owned by Mr Roman Abramovich\u201d.<\/p>

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The letter then confirmed that the British High Commission had provided Antiguan authorities with a letter \u201cfrom the Financial Investigation Agency of the British Virgin Islands which states the beneficial owner of Wenham Overseas Ltd is Roman Abramovich\u201d. Abramovich, the owner of Chelsea Football Club, has been placed under sanctions by the UK and the EU, though not by the US, for his allegedly close ties to Russian president Vladimir Putin.<\/p>

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While Antigua said this month that it would enforce all US, EU and UK sanctions on Russian entities and individuals, the island nation initially struggled to verify the ownership of the two boats. Antigua\u2019s confirmation of Abramovich\u2019s ownership of the yachts raises the prospect that they could be seized. The letter noted that Antigua \u201cwill provide full assistance to the Government of the United Kingdom\u201d if it receives a request under the two nations\u2019 Mutual Legal Assistance Treaty.<\/p>\n

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Recommended On Wall StreetBrendan Greeley A superyacht is a terrible asset British officials confirmed the government was in contact with the authorities of Antigua and Barbuda and was providing assistance. The UK said it would not comment on discussions. The yachts in question \u2014 called Halo and Gar\u00e7on \u2014 are worth about $38mn and $20mn respectively, according to valuation service VesselsValue.<\/p>\n

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Halo was built for Australian billionaire James Packer and was originally named EJI after the initials of his three children.<\/p>\n

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However, the casino heir put the yacht up for sale a few months after it was delivered in 2018, reportedly because it was \u201ctoo small\u201d. Gar\u00e7on is a 67-metre explorer vessel designed to carry helicopters and an \u201carmada of water toys\u201d, and was built for Ukrainian billionaire Yuriy Kosiuk, who sold the so-called support yacht last year.<\/p>\n

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FINANCIAL TIMES: The Antiguan government has established that two yachts moored in the Caribbean island belong to Roman Abramovich, confirming a Financial Times investigation that revealed the vessels appeared to be owned by the sanctions-hit oligarch.   The FT reported this week that boats docked in Antigua\u2019s Falmouth Harbour were owned by a British Virgin […]<\/p>\n","protected":false},"author":3,"featured_media":148919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-148918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAntigua confirms Roman Abramovich owns two yachts moored on island - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Antigua confirms Roman Abramovich owns two yachts moored on island\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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