Rosneft Chief Executive Officer Igor Sechin’s superyacht was blocked by French customs officials on the Cote D’Azur, part of the European Union’s sanctions against wealthy Russians with close ties to President Vladimir Putin.
The Amore Vero was impounded overnight in the Mediterranean port of La Ciotat, near Marseille, as it was preparing an urgent departure, according to the French Finance Ministry.
“Thanks to French customs for enforcing the EU sanctions against people close to Russia’s leaders,” French Finance Minister Bruno Le Maire said on Twitter.