France Seizes Russian Energy Oligarch’s $120 Million Super-Yacht

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The French government seized a massive yacht belonging to Russian oligarch Igor Sechin, the head of a state-run energy giant, France’s finance ministry said.

French customs authorities executed the seizure in accordance with European Union sanctions placed on Russia and its oligarchs closely affiliated with Russian President Vladimir Putin, the nation’s finance minister Bruno Le Maire tweeted on Thursday. The U.S. and its allies across the world have joined together in issuing a series of sanctions on Russia in the aftermath of the nation’s military invasion of Ukraine last week.


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