The customs officials in France seized the yacht. The yacht, worth an estimated $120 million, is owned by the CEO of Russia's Rosneft. Russia has been targeted as part of the war sanctions. The French finance ministry said Thursday that a super-yacht owned by a Russian billionaire has been seized. The yacht, Amore Vero, is owned by the CEO of the Russian oil giant, the ministry said. The price of Amore Vero was put at $120 million by Superyacht Fan. The yacht was seized in La Ciotat, a town in the south of France, according to a press release by Bruno Le Maire. The vessel was docked in La Ciotat in January. The European Union and the United States placed Sechin on their sanctions lists. The EU, US, UK and others have imposed sanctions on Russian business executives who have ties to Russian President Vladimir Putin. He was a deputy prime minister of Russia until 2012 and is said to be a close ally of Putin. The Amore Vero has a swimming pool that can be used as a helicopter pad. Oceanco says it has a private owner's deck and a sun deck. The yacht can hold up to 14 guests in seven suites, and two of them can be used as villas, according to Superyacht Times. The EU sanctions require the detaining of the vessel with immediate effect, according to the French finance ministry. The seizure of Amore Vero appears to be the second instance of a European authority seizing a Russian billionaire's super-yacht. Forbes reported Wednesday that Germany had seized Alisher Usmanov's $600 million super-yacht. The yacht was seized when it was docked in Germany. The yacht of Sechin was seized by French customs officials. A US-sanctioned Russian billionaire's yacht arrived in the Maldives earlier this week, Agence France-Presse reported Tuesday. It is one of several Russian-owned pleasure craft that is believed to be headed to the sunny island nation, which does not have an extradition treaty with the US. The founder of the Russian aluminum group Rusal is the owner of the yacht. According to port officials, the anchor was dropped off at the capital of theMaldives. The original article is on Business Insider. Finance Minister Bruno Le Maire said that the yacht belonging to Sechin was seized by French customs as it tried to leave the Mediterranean port of La Ciotat. The move came at a time when western states are implementing sanctions against Russia. German authorities seized a luxury yacht owned by Russian billionaire Alisher Usmanov, Forbes reported. On Sunday, Putin put Russia's nuclear weapons on high alert. In a nuclear war, iodine medication wouldn't help. The best movies show societies in a state of suffering or injustice. The Ocean Victory is one of the vessels currently in the Maldives. The head of the state space agency said on Thursday that Russia will stop supplying rocket engines to the US in response to the sanctions against it. Since 1990s, Russia has delivered a total of 122 RD-180 engines to the U.S., of which 98 have been used to power Atlas launch vehicles. Do I need to retain a financial advisor for a 1% fee or do I only need an accountant? Understand the differences between an accountant and a financial adviser. Enjoy this stunning graphics and deep game-play. The Baikonur Cosmodrome is run by the Russian Aerospace Forces and the Russian space agency, Roscosmos. The Board of OneWeb voted to suspend all launches from Baikonur after Russia demanded the British government sell its stake in OneWeb. They saw a woman sitting on the edge of the bed. Trump told Fox Business host Maria Bartiromo that he thinks China's president is a man with high intelligence level. One day, all it would take to get your point across would be 280 characters. The wife of the Georgian oil tanker captain refused to give fuel to the Russian ship. Chinese citizens express their political views by rejecting or purchasing certain goods. According to the Chinese embassy, Li Yayuanlun fabricated his story about being kidnapped in Cambodia. According to previous news reports, Li had been lured into a false job advertisement by a gang before he was kidnapped and sold into another gang running an online fraud company. Cambodian police were requested by the Chinese Embassy to investigate the case. Few know that Amazon has millions of Prime subscribers. He wrote that it was not too late to stop being an accessory to a terrible crime. Kosovo's parliament approved a resolution on Thursday asking the government to start negotiations on NATO membership. Kosovo has been guarded by NATO troops since 1999 when a war between ethnic Albanians and Serb forces ended, but the country of 1.8 million people now wants to join the alliance. Roman Abramovich isn't among the high-profile Russians facing economic sanctions, but he is said to be an ally of Putin. My truck can take me anywhere I want to go. Toyota makes waves with its vehicle. China has long been upset with the US's ability to slap sanctions on foreign countries. As the US and Europe hit Russia with sanctions, Chinese officials, academics, and experts are grappling with the implications of the unfolding full-scale global economic and financial war. Beijing has opposed the use of sanctions against Russia, deeming them to be illegal. There was an explosion heard just before 1 a.m. There is a Russian Embassy in Washington, D.C. The Russian ruble has plummeted after the invasion of Ukraine. Take a look at the finest cars of the golden age. Russian Foreign Minister Sergei Lavrov said in an interview with Al Jazeera that specific types of strike weapons must be identified which will never be used in Ukraine. Desi Lydic's spoof binging did not end well. The U.S.'s response to an attack on Abu Dhabi six weeks before the UN Security Council resolution condemning Russia's invasion of Ukraine was the reason why the U.S. abstained from the resolution last week. Stay on.INSIDER
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