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The Independent UK

National

Gerald Imray

South Africa to let Russian billionaire's superyacht dock

Alexey Mordashov Russia South Africa Africa Geordin HillLewis Cyril Ramaphosa Vincent Magwenya Cape Town Hong Kong Ukraine

TVB

Cape Town port is ideally suited to host a $500 million superyacht linked to sanctioned Russian billionaire Alexey Mordashov, a South African official said Wednesday, after the country announced its intention to let the vessel dock there despite a bid by the city's mayor to block its entry.

The South African government made the announcement Tuesday amid claims steel and mining magnate Alexey Mordashov is seeking a new harbor to shield the superyacht from seizure.

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