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Daily Mirror
Daily Mirror
World
Matt Gibson

Vladimir Putin's £560m luxury yacht seized as it prepared to sail to escape sanctions

Italian authorities are poised to seize a luxury yacht rumoured to belong to Vladimir Putin.

The Scheherazade, which is worth more than £560 million, is docked at Marina di Carrara near Pisa and authorities in Italy have recommended that it be impounded as part of sanctions against Russia.

Italy's financial police have been investigating the yacht since the end of March but plans for its seizure were made public late on Friday night amid concerns that it was on the verge of sailing into international waters in a bid to escape sanctions.

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