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The Guardian - UK
The Guardian - UK
World
Pjotr Sauer

US imposes sanctions on luxury yacht firm linked to Putin

The yacht
The Graceful was one of four yachts identified by the US treasury department as ‘favoured by Putin’. Photograph: Steffen Mayer/Reuters

The US government has imposed sanctions on a close Vladimir Putin associate as well as a yacht management firm and its owners, describing them as part of a system that allows the Russian president and his elite to “move money and anonymously make use of luxury assets around the globe”.

In a statement, the treasury department said that it was sanctioning Monaco-based Imperial Yachts and its owner, Moscow-born Evgeniy Kochman.

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