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Finnish Customs has detained 21 yachts possibly owned by oligarchs

The National Enforcement Authority Finland has already impounded one yacht in connection with the sanctions imposed by the EU over Russia’s invasion of Ukraine.

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The National Enforcement Authority Finland has already impounded one yacht in connection with the sanctions imposed by the EU over Russia’s invasion of Ukraine.

Highlights

  • Finnish Customs has placed a total of 21 yachts under a transfer ban on grounds of suspicion that they are owned by oligarchs or individuals falling within the sanctions regime of the EU.
  • If officials obtain confirmation of ownership, they will be impounded by the National Enforcement Authority Finland if they get confirmation.
  • The law enforcement authority has already impounded one yacht in Finland, according to Finnish Customs.
  • The detentions must not be moved anywhere between Thursday and Friday, the newspaper wrote earlier this month about a 32-metre yacht stored in Kotka, Southern Finland, that has been used by Dmitry Medvedev, a former president and prime minister of Russia.