UK seizes first superyacht in British waters
The £38m yacht, named Phi, is owned by an unnamed Russian businessman, the government says. …
The yacht was detained under the Russia (Sanctions) (EU Exit) Regulations 2019. The regulations say the secretary of state “may give a ‘movement direction’ to any ‘ship owned, controlled, chartered or operated by persons connected with Russia’,” according to Benjamin Maltby, partner at international law firm Keystone Law.
About The Author
