USA Updates Superyacht With The Russian Oligarch Seized By Germany TOU

USA Updates Superyacht with the Russian oligarch seized by Germany

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In the latest global effort to crack down on Russian power brokers, the world’s largest yacht was seized by German authorities on Tuesday because of the ship’s affiliation with an acknowledged billionaire with Kremlin ties.

The German Federal Criminal Police Office said in a statement that “through an extensive investigation” officers were able to determine the owner of the yacht “despite its offshore concealment”. Tweet Tuesday morning. The owner of the mega boat was determined to be Gulbakhor Ismailova, sister of Russian oligarch Alisher Usmanov, German officials confirmed to USA Today.

,[The Office of Foreign Assets Controls] Usmanov’s superyachts and aircraft as blocked assets in which Usmanov has an interest,” Treasury Department spokesman Morgan Finkelstein said in an emailed statement to USA Today.

After confirmation by the police with Brussels that the owner had been approved, the luxury yacht known as Dilbar was legally controlled. The 15,917-tonne superyacht that is admired producer As “one of the most complex and challenging boats ever built”, is currently being Held at the Port of Hamburg in Germany.

Dilbar, named after Usmanov’s mother, is registered in the Cayman Islands and is estimated to be worth between $600 million and $735 million. According to the Treasury Department, the grand vessel has two helipads and one of the largest indoor pools in the world. It takes an estimated $60 million per year to operate the ship.

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Dilbar is not the first Russian yacht seized by the US and its allies as part of sanctions against Russia for its deadly war in Ukraine. At least 13 ships, totaling more than $2 billion, have been seized since March 2.

seizures are part of a Command From President Joe Biden that the US and its allies will target Russian oligarchs in response to the Kremlin invasion: “We are joining our European allies to find and seize your yachts, your luxury apartments, your private jets.” Huh.”

“Usmanov’s Kremlin ties enrich him and enable his luxurious lifestyle,” Finkelstein said. According to the department, the billionaire’s “huge holdings” in the Russian economy and abroad include the metals, mining, telecommunications and information technology industries. He is known to be close to Russian President Vladimir Putin and Dmitry Medvedev, Deputy Chairman of the Security Council of Russia.

“Usmanov and Putin reportedly have financial ties, while Medvedev allegedly benefits from personal use of luxurious residences controlled by Usmanov,” Finkelstein said. The billionaire also owns 49% of USM’s holding company, which did not respond to USA TODAY’s request for comment.

United States sanctions announced March 3 against members of the Russian elite and their family for obstructing “direct and indirect” support to the Russian government amid Putin’s invasion of Ukraine nearly two months ago. The European Union also named Usmanov.

“We are demonstrating our commitment to impose enormous costs on Putin’s closest confidants and members of his family and freeze their assets in response to the brutal attack on Ukraine,” Treasury Secretary Janet Yellen said in a statement. Statement Announcement of sanctions.