Italian officials seized a $700 million luxury yacht with ties to the Russian government, Rome's ministry of finance announced Friday.
with the European Union due to Russia's involvement in "undermining or threatening the territorial integrity, sovereignty and independence of Ukraine."
Despite the acknowledged investigation that found the yacht to have "prominent" links to Russians targeted under EU sanctions, Italian officials omitted the name of the owner of the Scheherazade. Khudainatov does not appear to have yet been specifically sanctioned, but a decree passed by Italian Finance Minister Daniele Franco barred the vessel from sailing away.Ukrainian President Volodymyr Zelenksyy specifically referenced the megayacht in a March address to Italy’s parliament in a plea for action.
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