The US government seized the $90 million yacht of a Russian oligarch with close ties to Vladimir Putin in Spain Monday, part of the Biden administration’s efforts to target the assets of Russia’s wealthy over the invasion of Ukraine, the Justice Department said. The 255-foot yacht Tango, owned by Viktor Vekselberg, was boarded by Spanish and US officials while docked at the Marina Real in the Mediterranean port of Palma de Mallorca under a warrant issued by a federal judge in Washington, according to a statement.The warrant claimed that the Tango was subject to forfeiture over violations of bank fraud, money laundering and sanctions statutes.
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