At least five superyachts owned by Russian oligarchs were docked or cruising in the Maldives on Wednesday, according to ship monitoring data.
The Maldives is an Indian Ocean island country that does not have an extradition pact with the United States.
The ships’ landing in the archipelago off the coast of Sri Lanka comes after Russia was hit with harsh Western sanctions in retaliation for its invasion of Ukraine on February 24.
Late Wednesday, Forbes claimed that Alisher Usmanov, a Russian billionaire, had his giant yacht confiscated in a Hamburg shipyard.
On Monday, the European Union issued a list of billionaires who will face penalties. Usmanov was one of them.
A Forbes report based on three sources in the yacht industry said his 512-foot yacht Dilbar, valued at $600 million, was seized by German authorities.
German authorities did not immediately respond to inquiries. Forbes said representatives for Usmanov did not immediately respond to a request for comment.
Earlier, the Clio superyacht, owned by Oleg Deripaska, the founder of aluminium giant Rusal, who was sanctioned by the United States in 2018, was anchored off the capital Male on Wednesday, according to shipping database MarineTraffic.
The Titan, owned by Alexander Abramov, a co-founder of steel producer Evraz, arrived on Feb. 28.
Three further yachts owned by Russian billionaires were seen cruising in Maldives waters on Wednesday, the data showed. They include the 88-metre (288 ft) Nirvana owned by Russia’s richest man, Vladimir Potanin. Most vessels were last seen anchored in Middle Eastern ports earlier in the year.
A spokesperson for Maldives’ government did not respond to a request for comment.
The United States has said it will take strict action to seize the property of sanctioned Russians.
“This coming week, we will launch a multilateral Transatlantic task force to identify, hunt down, and freeze the assets of sanctioned Russian companies and oligarchs – their yachts, their mansions, and any other ill-gotten gains that we can find and freeze under the law,” the White House said in a tweet on Sunday.
Washington imposed sanctions on Deripaska and other influential Russians in 2018 because of their ties to President Vladimir Putin after alleged Russian interference in the 2016 U.S. election, which Moscow denies.
Discussion about this post