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Russian oligarch stashes second yacht in Turkey, apparently to beat Ukraine-linked sanctions

March 23, 2022
in Politics, Russia, Ukraine, World
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Russian oligarch stashes second yacht in Turkey, apparently to beat Ukraine-linked sanctions
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Ankara, Turkey — A second superyacht belonging to Chelsea soccer club owner and sanctioned Russian oligarch Roman Abramovich has docked in a resort in southwestern Turkey – a country that’s not applying sanctions on Russia over its invasion of Ukraine, Turkish media reports said Tuesday.

The private DHA news agency said the Bermuda-registered Eclipse docked at a port in the resort of Marmaris amid international efforts to freeze assets belonging to top Russian businessmen linked to Russian President Vladimir Putin.

A day earlier, Abramovich’s Bermuda-flagged luxury yacht My Solaris arrived in the nearby resort of Bodrum, triggering a protest by a group of Ukrainians who boarded a small motor boat and tried to prevent the yacht from docking.

Last week, the European Union updated a list of individuals facing asset freezes and travel bans over their ties to the Kremlin and began imposing sanctions on Abramovich. The 55-year-old had already been punished in Britain.

TURKEY-RUSSIA-UKRAINE-CONFLICT
Luxury yacht “Eclipse,” which belongs to Russian oligarch Roman Abramovich, docked at the Aegean coastal resort of Marmaris on March 22, 2022. FATIH CETIN/AFP via Getty Images

NATO-member Turkey has close ties to both Russia and Ukraine. It has criticized Moscow’s invasion of Ukraine but has also positioned itself as a neutral party trying to mediate between the two.

Abramovich announced earlier this month that he’s selling the Chelsea club. Abramovich said the sale won’t “be fast-tracked but will follow due process” and that the net proceeds will go to victims in Ukraine.

FILE PHOTO: Russian billionaire and owner of Chelsea football club Roman Abramovich arrives at a division of the High Court in central London
Russian billionaire and owner of Chelsea football club Roman Abramovich in October 2011. Andrew Winning / REUTERS

“This has never been about business nor money for me, but about pure passion for the game and Club,” he said.

Forbes has valued Abramovich’s net worth at $12.4 billion while Chelsea was worth an estimated $3.2 billion in 2021. The 55-year-old, who was once Russia’s richest man, said he will set up a foundation to which net proceeds from the sale will be donated.

This article was first published in CBS News . All contents and images are copyright to their respective owners and sources.

Tags: AbramovichbillionaireoligarchRoman AbramovichRussian oligarchsanctionsanctionssuperyacht
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