Posted on Mar 1, 2022
The West is going after Russian oligarchs' luxury yachts. A Ukrainian yacht mechanic got there...
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The U.S. and Europe effectively cut off Russia's economy Monday as a way to push Russian President Vladimir into abandoning his increasingly bloody invasion of Ukraine. Even Switzerland, a favorite home for the money of ultra-wealth Russians, said Monday it will comply with the EU sanctions and asset freezes of certain oligarchs close to Putin. The measures are hitting everyone in Russia, but they are aimed at Putin's inner circle.
The White House on Saturday announced a new transatlantic task force "to identify, hunt down, and freeze the assets of sanctioned Russian companies and oligarchs — their yachts, their mansions, and any other ill-gotten gains."
The White House on Saturday announced a new transatlantic task force "to identify, hunt down, and freeze the assets of sanctioned Russian companies and oligarchs — their yachts, their mansions, and any other ill-gotten gains."
The West is going after Russian oligarchs' luxury yachts. A Ukrainian yacht mechanic got there...
Posted from theweek.com
Russia
Ukraine
Money
Luxury Goods and Jewelry
Edited >1 y ago
Posted >1 y ago
Responses: 4
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Just saw the standing ovation of the UN and the interpreter getting choked up over the information. Everyone seems to be getting on board except for Obiden.
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While this is good, a yacht is pocket change for most of them, if that. What would be better would be to start selling their siezed assets and pay the proceeds to the refugees and their families.
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So how long will the wealthy Oligarchs allow Putin to continue? Sanctions were said to remain in place until the Military withdraws. I wonder if they will attempt an assassination or coup on Putin?
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