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Axios
Axios
World

U.S. seizes Russian oligarch's $90 million yacht in Spain

The U.S. and Spain on Monday seized a yacht in Mallorca owned by Russian oligarch and billionaire Viktor Vekselberg, who is a close ally of Russian President Vladimir Putin, the Department of Justice said Monday.

Why it matters: Attorney General Merrick Garland said it marks the first seizure by the Justice Department's newly created Russian sanctions enforcement task force, adding that it "will not be the last."


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