Live updates: Superyacht seized in Germany, authorities say
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What's happening in Ukraine on Thursday: German authorities say they have seized a massive superyacht in Hamburg after determining that it belongs to the sister of Russian oligarch Alisher Usmanov.
BERLIN — German authorities say they have seized a massive superyacht in Hamburg after determining that it belongs to the sister of Russian oligarch Alisher Usmanov.
The Federal Criminal Police Office said Wednesday that, after “extensive investigations” and despite “offshore concealment,” it had been able to determine that the owner is Gulbakhor Ismailova, Usmanov’s sister.
Superyacht Dilbar is flagged in the Cayman Islands and registered to a holding company in Malta, two banking havens where the global ultra-rich often park their wealth. It was launched in 2016 at a reported cost of more than US$648 million.
The German police office said German authorities worked in Brussels to ensure that European Union sanctions applied to the owner. It says the yacht can no longer be sold, rented, or loaded.
