Sanctioned Russian billionaire’s superyacht turns up in Hong Kong

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A P29 billion superyacht that’s connected to sanctioned a Russian tycoon has mysteriously ended up in Hong Kong.

Russian tycoon Alexey Mordashov kept his superyacht Nord anchored in Russian ports until its departure last week.

It had been anchored there since March after stops in the Maldives and Seychelles over the northern hemisphere winter. The 465-foot Nord left the Seychelles on March 12, was parked briefly in Sri Lanka and arrived in the Singapore Strait on March 22 before stopping in Vladivostok later that month. A spokesperson for Mordashov said that he’s currently in Moscow and declined to comment on the yacht’s movements.

Some megayachts fled to Russia, Turkey and a few other friendly havens. The US has formed a taskforce dubbed KleptoCapture to pursue the assets of Russian oligarchs. The unit, along with the FBI and other agencies, sent agents to Fiji to seize the US$325 million Amadea that the US said belonged to Russian billionaire Suleiman Kerimov.

 

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