Italy seizes oligarchs' villas and yachts to put pressure on Russia


  • World
  • Saturday, 05 Mar 2022

FILE PHOTO: Russian businessman and president of the International Fencing Federation (FIE) Alisher Usmanov attends an awarding ceremony for Russian Olympic medallists returning home from the 2016 Rio Olympics at the Kremlin in Moscow, Russia, August 25, 2016. REUTERS/Maxim Shemetov

ROME (Reuters) -Italian police have seized villas and yachts worth 143 million euros ($156 million) from five high-profile Russians who were placed on sanctions lists following Moscow's attack on Ukraine, the government said on Saturday.

The luxury properties were sequestered in some of Italy's most prestigious retail estate locations - the island of Sardinia, by Lake Como and in Tuscany - while two superyachts were grabbed at their moorings in northern ports.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Indonesia's Mt Ibu erupts, spewing ash clouds
Woman was living inside rooftop grocery store sign with computer and coffee maker for a year
Turkish and Greek leaders set for talks to maintain positive momentum
US aims to stay ahead of China in using AI to fly fighter jets, navigate without GPS and more
Large hospital network resorts to pen and paper after hack
France gets $16 billion of foreign investments as part of 'Choose France' event
Christie’s postpones Geneva auction after website security issue
Red, yellow, green ... and white? Smarter vehicles could mean big changes for the traffic light
Russia says it downs 16 Ukraine-launched missiles, 31 drones
Australian court lifts order blocking X on church stabbing video

Others Also Read