Russian oligarchs – आवारा मुसाफिर

Maldives shelters sanctioned Russian billionaires’ yachts

April 7, 2022941 Views

A day after coal and fertilizer billionaire Andrey Melnichenko was placed on the European Union's sanctions list on March 9, his superyacht Motor Yacht A stopped broadcasting its location while in Maldives' waters, maritime data shows. In Italy, four days later, authorities seized another of Melnichenko's vessels – the world's largest sailing yacht, estimated by Italian financial police to be worth $578 million. Switching off devices that allow authorities to track a ship's whereabouts can help keep yachts out of their sight. FILE PHOTO: Super yacht 'Motor Yacht A', owned by Russian tycoon Andrey Melnichenko, is seen in front of the Monaco harbour. REUTERS/Stefano Rellandini But in Maldives, the chances of action against the property of sanctioned oligarchs are in any case sli...

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Second Abramovich superyacht docks in sanctions-free Turkey

AWARA MUSAFIR BUREAU

March 22, 2022301 Views

533 feet long Eclipse is one of the world’s biggest yachts A second superyacht linked to Russian billionaire Roman Abramovich docked in a Turkish resort on Tuesday and sources familiar with the discussions said he and other wealthy Russians were looking to invest in Turkey given sanctions elsewhere. Western governments have targeted Abramovich and several other Russian oligarchs with sanctions as they seek to isolate President Vladimir Putin and his allies over Moscow's invasion of Ukraine. Eclipse, a superyacht linked to sanctioned Russian oligarch Roman Abramovich, is docked in Marmaris, Turkey March 22, 2022. REUTERS/Yoruk Isik While strongly criticising the invasion, Turkey has said it opposes sanctions imposed by its NATO allies on principle. That could set it up as...

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Russia billionaires move superyachts to Maldives as sanctions tighten

AWARA MUSAFIR BUREAU

March 2, 20221234 Views

At least five superyachts owned by Russian billionaires were anchored or cruising on Wednesday in Maldives, an Indian Ocean island nation that does not have an extradition treaty with the United States, ship tracking data showed. The vessels' arrival in the archipelago off the coast of Sri Lanka follows the imposition of severe Western sanctions on Russia in reprisal for its Feb. 24 invasion of Ukraine. FILE PHOTO: Superyachts anchored in Maldives The Clio superyacht, owned by Oleg Deripaska, the founder of aluminium giant Rusal, who was sanctioned by the United States in 2018, anchored off the capial Male on Wednesday, according to shipping database MarineTraffic. The Titan, owned by Alexander Abramov, a co-founder of steel producer Evraz, arrived on Feb. 28. Three further...