Italy seized the world’s largest yacht from Russian oligarchs

The Italian authorities announced, on Saturday, the confiscation of a yacht worth 530 million euros (578 million dollars) owned by the Russian oligarch. Andrey Melnichenkoincluded in the list of people sanctioned by the European Union after Russia’s invasion of Ukraine.

The The yacht “SY A”which is currently moored in the port of Trieste, northeastern Italy, is the largest sailing ship in the world.

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