Megayachts and oligarchs: ‘We’re scared of getting close to wrong money’

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As the West goes after the assets of Russian oligarchs, the ripples are being felt across the industry. …

Then there are the expensive customisations. Phi, a Russian-owned vessel detained in the UK last month, features an “infinite wine cellar” in its lower deck lobby. The Axioma, seized in Gibraltar, has a 3D cinema, a two-storey salon and an on-board water slide, allowing guests to move from the sun deck to the seas below in seconds.

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