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Italy seizes Russian billionaire Melnychenko sailing yacht A

Italian police have seized a superyacht owned by Russian billionaire Andrei Igolevic Melnychenko, the Prime Minister’s Office said Saturday.

According to the government, a 143-meter (470-foot) sailing yacht A, priced at € 530 million ($ 578 million), was quarantined in the port of Trieste in the north.

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Designed by Philippe Starck and built by Nobiskrug in Germany, the government says the ship is the largest sailing yacht in the world.

Melnychenko owned the Eurochem Group, a major fertilizer producer, and the coal company SUEK. The two companies said in a statement Thursday that he had resigned as a member of the board of directors of both companies and resigned as a beneficiary on Wednesday.

Built for Russian billionaire Andrey Melnichenko, her uniquely shaped luxury yacht “Sailing Yacht A” passed through Isola del Giglio, Italy on July 10, 2018, and Costa Concordia. Cruise ship sails near the crashed “Squall” rock. ((Photo by VINCENZO PINTO / AFP via Getty Images) / Getty Images)

Alex Andreev, a spokesman for Melnychenko, said the businessman “has nothing to do with the tragic events in Ukraine. He has no political parties.”

Russian oligarch yacht, luxury coastal characteristics seized by Italy: photo

“There is no reason to put him on the EU sanctions list,” Andreev said. “We challenge these unjustified sanctions and believe that the rule of law and common sense take precedence.

Since last week, Italian police have seized villas and yachts worth more than € 700 million ($ 763.63 million) from prominent Russians on the EU sanctions list, Economic Minister Danielle Franco said Saturday. Said to.

Taken March 10, 2022, this photo shows the sailing yacht A owned by Russian oligarch Andrey Melnichenko in Trieste, Italy. ) (Photo ((Photo by JURE MAKOVEC / AFP via Getty Images) / Getty Images)

Giuseppe Zafarana, head of the Italian tax police, said, “So far, we’ve hit something visible, but now we have to hit the rest, such as holding shares. By trust and front name. We are doing a great job to bring out what is being protected. ” He told a Bergamo journalist on Saturday.

Police operations were part of a coordinated push by Western nations to punish the wealthy Russians they say have something to do with President Vladimir Putin.

Russia’s Oligarch Alisher Usmanov’s $ 600 million yacht confiscated in Germany: Report

Separately, a superyacht, reportedly owned by Russian businessman Roman Abramovich, arrived in Montenegro’s territorial waters on Saturday morning, according to Reuters photographers.

On March 12, 2022, financial police officers board a superyacht from Russian billionaire Andrei Igolevic Melnychenko, isolated in the northern port of Trieste, Italy. (Financial police / Handouts via Reuters / Reuters photo)

Luxury publications SuperYachtFan, SuperYacht Times and Forbes report that Solaris is one of a series of yachts owned by Abramovich, the owner of the Chelsea Football Club.

The 140-meter (460-foot) ship is moored at the luxury resort Port Montenegro in the town of Tivat. The boat left Barcelona on Tuesday.

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Britain imposed sanctions on Abramovich on Thursday, frozen his property and quoted what was called a close relationship with Putin. Abramovich denied having such a relationship.

($ 1 = 0.9167 euros)

(Report by Emilio Paradi of Bergamo and Stevo Vasiljevic of Tivat, written by Giselda Vagnoni, edited by Frances Kerry)

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