Superyacht PHI Seized in London After Alleged Ties With Russian Businessman

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A superyacht worth almost $50 million has been seized in London, UK, as authorities are suspecting the vessel belongs to a Russian businessman. The catch? He’s not even on the sanctions list. Ever since Russia’s attack on Ukraine, Russian oligarchs have also had to suffer directly. Their investments crashed, and governments all over the world (but most specifically in the U.S., UK and EU) have been working tirelessly ... (continue reading...)

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