The National Crime Agency impounded a Russian-owned £28 million superyacht in London this morning. It was the first operation of its kind carried out in UK waters.
The vessel, called Phi, was detained at Canary Wharf. Officers from the NCA's Combating Kleptocracy Cell served a detention notice on the master of superyacht owned by a Russian national.
Phi's owner is not currently subject to UK sanctions. But, under current regulations, a ship owned, controlled, chartered or operated by persons connected with Russia, may be subject to a detention direction by the Secretary of State for Transport.
