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Rosneft CEO’s $120 Million Super-Yacht Seized At French Port After “Preparing For Urgent Departure”

BY TYLER DURDEN

 

Not all Russian oligarchs have escaped Europe with their assets, as the Biden administration made it very clear earlier this week they will “seize the yachts, luxury apartments, and private jets” of Russian billionaires.

We asked the question on Wednesday: “Are Russian Oligarchs Fleeing By Sea To Indian Ocean As Biden Aims To Seize Billions?” 

The answer appears to be ‘yes.’ Come to find out, not all Russian oligarchs made it out. France announced it impounded the superyacht belonging to Rosneft Chief Executive Officer Igor Sechin. The move comes as part of continued EU sanctions against Russia, French Finance Minister Bruno Le Maire disclosed this week.

 

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