BUSINESS

Germany makes Russian tycoon pay for Putin’s Ukraine invasion; $600MN super yacht seized



As per reports, German authorities have seized super yacht Dilbar owned by a Russian tycoon as part of the sanctions imposed by EU on Russia for Ukraine invasion. The 152-feet long yacht, Dilbar, is owned by Putin-linked billionaire Alisher Usmanov. The metals magnate is among the 25 prominent people sanctioned by the European Union. The yacht was taken in the northern port of Hamburg when it was declared a frozen asset by the German government. Watch this video for more details.

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