A $200m (£163m) superyacht owned by Viktor Medvedchuk, an oligarch and friend of Vladimir Putin who is under sanctions, is to be sold at auction after its seizure in Croatia earlier this year.
The Ukrainian government said a Croatian court had ruled that Medvedchuk’s 92.5-metre Royal Romance yacht should be transferred to the Ukrainian Asset Recovery and Management Agency (Arma), which said it would “preserve the economic value by selling it at auction”.
