France seizes superyacht owned by sanctioned Russian oligarch | CNN Business πŸ’₯πŸ’₯πŸ’₯


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France has seized a yacht owned by Russian oligarch Igor Sechin, the French finance ministry said in a statement on Thursday.

Sechin is the CEO of Russian oil giant Rosneft. The European Union sanctioned Sechin earlier this week, describing him as one of Russian President Vladimir Putin’s β€œmost trusted and closest advisors, as well as his personal friend.”

The yacht, named β€œAmore Vero” β€” or β€œTrue Love” in Italian β€” arrived at the French Mediterranean port of La Ciotat in January. It was scheduled to leave the port on April 1.

β€œThank you to the French customs officers who are enforcing the European Union’s sanctions against those close to the Russian government,” French Finance Minister Bruno Le Maire said in a tweet.

Sechin was deputy prime minister of Russia from 2008 until 2012. The European Union said his connections to Putin are β€œlong and deep,” with the two men maintaining daily contact.

Earlier this week, Le Maire announced that France has set up a task force to complete a census of financial assets and luxury goods owned by Russian personalities targeted by EU sanctions.

BP

(BP)
said on Sunday that it would exit its 19.75% stake in Rosneft and give up two seats on the company’s board.

France seizes superyacht owned by sanctioned Russian oligarch | CNN Business

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