US obtains warrant to seize $90M jet of Russian oligarch Andrei Skoch
Related: United States Obtains Warrant for Seizure of Airplane of Sanctioned Russian Oligarch Andrei Skoch, Worth Over $90 Million (U.S. Dept. of Justice)
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Source: Associated Press
US obtains warrant to seize $90M jet of Russian oligarch
By LARRY NEUMEISTER
August 8, 2022
NEW YORK (AP) — A judge authorized the United States on Monday to seize a $90 million jet belonging to a Russian oligarch in a continuing effort to diminish the financial pillars of the Russian government after its invasion of Ukraine.
The effort to seize Andrei Skoch’s private plane, an Airbus A319-100, was part of a monthslong pursuit of sanctioned Russian oligarchs and their blocked property, U.S. Attorney Damian Williams announced.
Skoch, a steel magnate, is one of the wealthiest men in Russia’s Duma, or parliament. His fortune is valued at about $6.6 billion, according to Forbes. The U.S. Treasury first sanctioned Skoch in April 2018 over his ties to organized crime and for being “a deputy of the Russian Federation’s State Duma.”
Following Russia’s invasion of Ukraine, the U.S. Treasury Department’s Office of Foreign Assets Control issued additional sanctions against Skoch and his assets, including by identifying the Airbus in June as property in which Skoch had an interest, according to a release from law enforcement authorities.
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Read more: https://apnews.com/article/russia-ukraine-roman-abramovich-new-york-united-states-2e4c368b1bd37bb9fb9bd4be2a4ce5e9
