Watershed moment: superyacht linked to sanctioned Russian oligarch is auctioned in Gibraltar

The auction could be a benchmark for other banks looking to recoup losses from other sanctioned oligarchs

23 August 2022 - 21:27 By Reuters

A $75m superyacht linked to a sanctioned Russian steel billionaire was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be the first sale of its sort since Russia invaded Ukraine in February...

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