Posted on Mar 9, 2022
Here's what happens to Russian oligarch yachts after they're seized
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"Under U.S. law and most laws in Europe, assets that are frozen remain under the ownership of the oligarch, but they can’t be transferred or sold. Sechin and Mordsahov, for instance, will continue to own their yachts, but they will be secured to the docks by the authorities and prevented from sailing to safer shores."
Here's what happens to Russian oligarch yachts after they're seized
Posted from cnbc.com
Russia
Law
Boats
Posted >1 y ago
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LTC George Morgan
Naturally, and with their funds sanctioned how will the oligarch in question pay the mooring fees? "Oh, woe is me!" NOT!!!
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CWO4 Terrence Clark
COL (Join to see)
Sweet gig! And forward thinking. If you ever go broke you can just sue yourself for medical malpractice!
Sweet gig! And forward thinking. If you ever go broke you can just sue yourself for medical malpractice!
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SrA John Monette
CWO4 Terrence Clark - Chief, you're such an ass sometimes!!! Don't stop!! I needed that laugh today!
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