HomeNEWSItaly seizes Russian billionaire Melnichenko's Sailing Yacht A

Italy seizes Russian billionaire Melnichenko’s Sailing Yacht A

Italy seizes Russian billionaire Melnichenko’s Sailing Yacht A

The vessel is the world’s biggest sailing yacht

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Italian police have seized a superyacht owned by Russian billionaire Andrey Igorevich Melnichenko.

The businessman was placed on an EU sanctions list following Russia’s invasion of Ukraine.

The 143-metre (470-foot) Sailing Yacht A, which has a price tag of 530 million euros ($578 million), has been sequestered at the northern port of Trieste.

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