The United States government has seized a mega-yacht in Spain owned by an oligarch with close ties to the Russian president, the first in the government’s sanctions enforcement initiative to “seize and freeze” giant boats and other pricey assets of Russian elites.
Spain’s Civil Guard and US federal agents descended on the yacht Monday at the Marina Real in the port of Palma de Mallorca, the capital of Spain’s Balearic Islands in the Mediterranean Sea.
