$ 600 million … German government seizes Russian millionaire’s luxury cruise ship! – What is the reason? | russian Billionaire’s $ 600 Million Yacht Seized By Germany: Report

by time news

Various countries have condemned Russia for its invasion of Ukraine and have been providing arms to Ukraine. The Russian military has recently announced that 498 Russian soldiers have been killed and more than 2,000 killed in Ukraine’s fighting for more than seven days. In addition, the United States, Canada and European countries have imposed sanctions on Russia over its war operations.

In this case, the German government is in the process of freezing the assets of the Russian billionaire Usmanov. As part of that, German authorities have seized Osmano’s $ 600 million 512-foot luxury yacht. It is noteworthy that Usmanov bought the ship in 2016 from the German shipbuilder Lursen for $ 600 million. In addition, the ship is at the Hamburg shipyard of the German shipbuilder Blohm + Voss for restoration work.

Recently, Forbes reported that Usmanov was on the list of billionaires facing EU sanctions in response to Russia’s attack on Ukraine.

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