Russian billionaire's yacht docks in Gibraltar, detained by authorities

[Yo_Mama_Been_Loggin]

GIBRALTAR (Reuters) - A luxurious super-yacht linked to the owner of Russia's largest steel pipe maker, who is currently under British and European Union sanctions, docked in Gibraltar on Monday and was then detained by the authorities.

Western sanctions on Russian oligarchs over Moscow's invasion of Ukraine have triggered an exodus of luxury yachts from Europe in recent weeks, with several heading towards the Maldives, which has no extradition treaty with the United States.

Reuters TV footage showed the "Axioma", believed to be owned by Dmitrievich Pumpyansky, owner of steel group TMK, moored at Gibraltar, a British Overseas Territory on the southern tip of the Iberian peninsula, flying a Maltese flag.

Britain imposed sanctions on hundreds of Russian individuals and entities last week, enabling authorities to freeze their assets.

https://www.yahoo.com/news/russian-billionaires-yacht-docks-gibraltar-185457512.html

[SunSeeker]

1. The Maldives must be bristling with Russian oligarch yachts. nt

[Gruenemann]

2. We spotted this in Costa Rica last week

The yacht Pacific, owned by the third-richest man in Russia, Leonid Mikhleson. It was on the south shore of the Golfo Dulce.

https://yachtharbour.com/news/the-third-richest-russian-man-s-85m-yacht-pacific-spotted-in-barcelona-4007