France seizes $120 million super-yacht owned by Russian oligarch

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French authorities announced Thursday that they seized a yacht owned by Russian energy oligarch Igor Sechin.

The yacht, Amore Vero, is valued at $120 million.

Sechin was placed on European Union and United States sanctions lists soon after Russia invaded Ukraine on Thursday last week. The EU, US, UK and others have sanctioned several high-profile Russian business executives that have ties to Russian President Vladimir Putin.

Sechin was deputy prime minister of Russia until 2012 and is said to be a close ally of Putin.

The 280-ft Amore Vero has a swimming pool that converts into a helicopter pad, according to Oceanco, its maker. It also has a private owner’s deck and a sun deck with a jacuzzi, Oceanco says.

The EU sanctions “require the detention of the vessel with immediate effect,” the French finance ministry’s press release said.

The seizure of Amore Vero appears to be the second instance of a European authority seizing a Russian oligarch-owned super-yacht since Ukraine sanctions were enacted.

Germany recently seized Russian billionaire Alisher Usmanov’s $600 million super-yacht, Forbes reported Wednesday, citing multiple unnamed sources. Usmanov’s yacht was docked in Hamburg, Germany, for a refit when it was seized, per Forbes.

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6 COMMENTS

  1. It’s time to identify and then seize all yachts, planes, and properties of the Russian oligrarchs right here in Antigua and Barbuda. There may be more than people think. Seize them all.

  2. Dnt worry ANTIGUA will NEVER tell you go away ANTIGUA IS THE PLAYGROUND OF BILLIONAIRE PEDOPHILLES THEIVES DRUGLORD AND. MONEY LAUNDERS THEY ARE VERY WELCOMED HERE…..

    IM SURE SUPER YACTHS HAVE BEEN IN N OUT OF EH..ITS NOTHING NEW …regular programming….

    JUS HAVE MONEY AND GASTON WELCOMES YOU WITH OPEN ARMS JUS LIKE CALVIN ARYE GASTON ALWAYS IN HIS HELICOPTER SHOWING CHINESE WHAT THEY CAN HAVE FOR THE RIGHT PRICE…

    WE ALL KNOW ANTIGUA IS A CORRUPTED NO MORALS ISLAND

  3. Just seize the yachts and the planes connected to the Russian oligarchs. The people on the street are already talking about, and the support for doing so is strong, strong, strong. GLORY TO UKRAINE!

    • @Betty’s Hope, talk for yourself. Why do you want to drag Antigua into Russia-USA-Ukraine business? Have you seen how the people in Uraine is treating the Africans? Do you notice the USA not entering into the confict? Do you think if they give us all the weapons in the world that our military in Antigua can fight against Russia. And what has the USA done for Antigua recently – causing all the international banks to pull out of Antigua? Children no have the right in BIG people stuff.

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