Italy seizes yachts and villas from Russian oligarchs, say state sources

Authorities clamp down on wealthy individuals placed on EU sanctions list over Russian invasion of UkraineItalian police have seized villas and yachts worth at least €140m (£126m) from four high-profile Russians who were placed on an EU sanctions list after Russia’s invasion of Ukraine, sources said on Saturday.A police source said a villa owned by the billionaire businessman Alisher Usmanov on Sardinia, and a villa on Lake Como owned by the Russian state TV host Vladimir Soloviev, had both been seized. Continue reading…

Authorities clamp down on wealthy individuals placed on EU sanctions list over Russian invasion of Ukraine

Italian police have seized villas and yachts worth at least €140m (£126m) from four high-profile Russians who were placed on an EU sanctions list after Russia’s invasion of Ukraine, sources said on Saturday.

A police source said a villa owned by the billionaire businessman Alisher Usmanov on Sardinia, and a villa on Lake Como owned by the Russian state TV host Vladimir Soloviev, had both been seized.

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