Italy freezes superyacht reportedly linked to Russian President Vladimir Putin

Italy freezes superyacht reportedly linked to Russian President Vladimir Putin

 

 

The Italian government froze a yacht with reported links to Russian President Vladimir Putin, blocking the vessel from leaving its port.

 

The Italian Finance Ministry said an investigation found “significant economic and business links” between the yacht’s beneficial owner and “prominent elements of the Russian government” and people sanctioned over Moscow’s 2014 annexation of Crimea. Italy did not name Putin, but various reports have linked the Russian leader to the vessel.

 

The ownership of the yacht has “long been under the attention of the authorities;” the finance ministry said in a statement.

 

The Cayman Island-flagged superyacht Scheherazade extends nearly 460 feet; and is also currently moored in the Italian port of Marina di Carrara.

ALSO READ: Biden announces new military aid package for Ukraine as Zelenskyy set to virtually attend G-7 meeting

 

Meanwhile, Ukraine says it’s preparing for Russia to resume its Kyiv offensive.

 

The head of Kyiv’s military administration has warned that; Russia could resume its offensive in the Kyiv region, saying authorities are preparing for such a scenario.

 

In an interview with Ukrinform news agency, Oleksandr Pavlyuk said Russia cannot claim a complete victory over Ukraine without the capture of its capital city.

 

“Therefore, if Russia’s plans remain the complete destruction of Ukraine as it has always been; and as long as Russia exists, Ukraine’s heart will be in focus. We do not reject such options we calculate; and prepare for various possible scenarios of the enemy’s actions,” Pavlyuk said, according to a translation.

About The Author

Osigweh Lilian Oluchi is a graduate of the University of Lagos where she obtained a B.A (Hons) in English, Masters in Public and International affairs (MPIA). Currently works with 1stnews as a Database Manager / Writer. [email protected]

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