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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRussian oligarchs moving yachts as U.S. tracks down assets
Yachts owned by Russian billionaires are on the move as the U.S. and its allies seek to hunt down the assets of Russia's wealthiest in direct response to the invasion of Ukraine. The wealthiest Russian money including Russian President Vladimir Putin's has pushed to sea.
Data from MarineTraffic, a global intelligence group, shows yachts owned by oligarchs are on the move, including aluminum magnate Oleg Deripaska's $65 million Clio and oil executive Vagit Alekperov's $80 million Galactica Super Nova.
"No self-respecting oligarchy exists without a super yacht. And so what we're seeing now is a hightailing it on the high seas," financier and anti-corruption activist Bill Browder told CBS News.
A super yacht is typically over 40 meters long. The Clio and Galactica are each over 70 meters long.
In response to Putin's war against Ukraine, the Biden administration created a task force to go after Russian oligarchs' "yachts, luxury apartments, money and their ability to send their kids to fancy college[s] in the West."
https://www.cbsnews.com/news/russia-ukraine-putin-oligarchs-yachts/
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It doesn't really matter where they put them, because this nifty little app called Maritime Tracker tells where they are. And anyone can access that......
global1
(25,241 posts)They come alongside of one of these yacht's - what's the procedure? Can they board and commandeer the yacht?
Just curious. Seems like this would make a good chase movie.
hippywife
(22,767 posts)https://www.msn.com/en-us/news/us/justice-department-launches-plan-to-go-after-billionaire-russian-oligarchs-and-their-assets/ar-AAUwtJO
I'm sure it won't be much different in other nations.
bluedigger
(17,086 posts)Put some privateers on their ass.
Jilly_in_VA
(9,965 posts)Some not-nationally-affiliated somebody is going to go after one or more of these guys. It's possible that just the threat of "We know who you are and we know where you are" might be enough to bother them a LOT. It might even be possible to jam or hack their computers or equipment once that is known.