Russian oligarch's luxury yacht departs Hong Kong port


The megayacht Nord is seen off Hong Kong Island outside Victoria Harbour on on Oct 7, 2022. - AP

HONG KONG (Reuters): A luxury yacht belonging to sanctioned Russian oligarch Alexey Mordashov departed Hong Kong waters on Thursday (Oct 20) heading for the South African port of Cape Town, according to private tracking site MarineTraffic.

The prominent sight of the 465 foot (141-metre) multi-deck Nord in the city's Victoria harbour in recent weeks had sparked criticism from the United States' State Department, which questioned the "transparency" of the financial hub and warned of reputational risks.

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