Featured image of post Netherlands seizes 14 yachts as Russia faces yet more sanctions over brutal war in Ukraine

Netherlands seizes 14 yachts as Russia faces yet more sanctions over brutal war in Ukraine

The Dutch government said the "vessels cannot be delivered, transferred or exported" while their ownership is investigated for links to the Kremlin.

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The Dutch government said the "vessels cannot be delivered, transferred or exported" while their ownership is investigated for links to the Kremlin.

Highlights

  • Dutch customs authorities impound 14 yachts in shipyards, including 12 still under construction.
  • Vessels were being built in five different shipyards for “Russian beneficiaries,” the Dutch government says.
  • The Netherlands has also frozen 516 million euros’ worth of assets and 155 million euros in transactions, the minister says.
  • European and U.S.
  • authorities have seized several yachting with links to Russian tycoons under the sanctions that followed the February 24 invasion of Ukraine.
  • The Dutch government said the “vessels cannot be delivered, transferred or exported” while their ownership is investigated for links to the Kremlin, the Dutch minister said Wednesday.