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Tuesday, May 28, 2024

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Bravo! French Authorities Seized Igor Sechin’s $120M Superyacht

The Western alliance continues the beating of Russian oligarchs due to Putin’s invasion of Ukraine. The French government announced that it had seized the $120M superyacht Amore Vero. It is owned by the Russian oligarch Igor Sechin, CEO of Russian energy giant Rosneft. The French finance minister informed via Twitter that French authorities seized the precious vessel at a shipyard near Marseille. The EU sanctioned Sechin earlier this week, describing him as one of Russian President Vladimir Putin‘s “most trusted and closest advisors, as well as his personal friend.

According to Superyacht Fan, Amore Vero has a value of $120 million. The Dutch shipbuilder Oceanco built the vessel, previously known as St. Princess Olga, and delivered it in 2013. It has a length of 85.5m and 2 MTU engines bring it to a top speed of 18.5 knots (21.2 mph/ 34 kph).

The authorities are after their prestigious superyachts. They are easy to track. In the last 48 hours, German authorities seized Alisher Usmanov‘s $600M Dilbert, and now the French took Igor Sechin‘s $140M Amore Vero. Putin is likely to come under pressure. Nothing hurts Russian oligarchs more than losing their luxury toys.

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