Now, France targets superyacht linked to Russia's Rosneft chief
Categories: FOREIGN COUNTRIES
After reports claimed a Russian billionaire's luxury yacht was seized by German authorities, reports said French officials have immobilized a yacht owned by a company linked to Russia's Rosneft Chief Executive Officer Igor Sechin amid sanctions imposed by the European Union against Russians.French finance minister Bruno Le Marie was quick to thank French customs officials after it was prevented from leaving the Mediterranean port. Earlier reports said German authorities had seized a super luxury yacht owned by Russian billionaire Alisher Usmanov. The French government had said earlier that it was drawing up a list of assets of ultra-rich Russians with some billionaires believed to be close to Putin's regime.The United States and EU announced a slew of sanctions against Russia after President Putin declared on February 24 that his forces had begun conducting military operations in neighbouring Ukraine.The US and EU sanctions have targeted Russia's financial and airline sector even as US President said targeting Russian oil was "not off the table".