Highlights

  • Russian oligarch's luxury yacht seized by French customs officials
  • Yacht was docked in France's La Ciotat since January 2022
  • Igor Sechin was sanctioned by EU after Russia's attack on Ukraine

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Ukraine war: Luxury yachts of Russian businessman seized by French, German officials

Igor Sechin is among Russian oligarchs sanctioned by the European Union amid Russia's military assault on Ukraine.
Ukraine war: Luxury yachts of Russian businessman seized by French, German officials

In direct action against high-profile Russians, France reportedly seized a luxury 280-foot yacht owned by Igor Sechin, who is the CEO of Russian oil giant Rosneft.

Igor Sechin is among Russian oligarchs sanctioned by the European Union amid Russia's military assault on Ukraine. The EU reportedly described Sechin as one of Russian President Vladimir Putin's "most trusted and closest advisors, as well as his personal friend."

French customs officers reportedly seized the yacht named 'Amore Vero' or True Love in Italian on March 3. France's finance minister thanked customs officers for enforcing sanctions against individuals close to Russian authorities. The yacht arrived in France's La Ciotat in January and was slated to depart in April.

ALSO WATCH | Billionaires and big boats! Here's a list of 5 world's biggest superyachts

German authorities seized a $600m vessel owned by Russian metal tycoon Alisher Usmanov according to reports.
On Thursday, Usmanov was one of two more Russian's sanctioned by the UK.

Frequently Asked Questions

Igor Sechin is the CEO of Russian oil giant Rosneft, a Russian oligarch sanctioned by the EU, and was Russia's deputy Prime Minister from 2008 to 2012. The EU described him as one of President Vladimir Putin's most trusted advisors and a personal friend.

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