German authorities seize Russian superyacht in sanctions investigation.

1 min read
Source: ABC News
German authorities seize Russian superyacht in sanctions investigation.
Photo: ABC News
TL;DR Summary

German authorities have raided a luxury yacht belonging to a wealthy Russian businessman as part of an investigation into possible breaches of Western sanctions imposed over Russia's invasion of Ukraine. The businessman's name was not released, and authorities are trying to determine whether he tried to hide valuables on the yacht, which he is required to report under European Union sanctions imposed last year.

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