Russian superyachts targeted as countries try to punish oligarchs for Russian invasion of Ukraine

By : South China Morning Post

Published On: 2022-03-23

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02:11

World governments have been imposing sanctions as a way of punishing Russian President Vladimir Putin and his supporters for invading Ukraine. Among those targeted are several rich and powerful Russian individuals who were added to a European Union blacklist. Most on the list are oligarchs who head state-owned conglomerates, as well as top Russian officials. Russian billionaire Roman Abramovich faces sanctions from both the EU and UK, but his two superyachts, which together are worth over US$1…

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