Italy seizes $156 million in oligarch wealth, pressing Putin

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Italy seizes $156 million in oligarch wealth, pressing Putin
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Italy since Friday has seized $156 million in luxury yachts and villas in some of its most picturesque destinations, including Sardinia, the Ligurian coast and Lake Como.

FILE - The yacht Amore Vero is docked in the Mediterranean resort of La Ciotat, Thursday March 3, 2022. French authorities seized the yacht linked to Igor Sechin, a Putin ally who runs the Russian oil giant Rosneft, in the Mediterranean resore of La Ciotat, where it arrived in January for repairs. French officials said the crew was preparing for urgent departure when they arrived, even through the repairs were still under way.

“We must be able to stop Putin’s attack, bringing him to the table, and he won’t go with niceties," Italian Foreign Minister Luigi Di Maio told Italian state TV on Friday, announcing Italy’s plans to begin the seizures of property belonging to oligarchs close to Putin. German officials this week denied reports that they had seized Usmanov's yacht in the port of Hamburg. According to the British government, he also owns Beechwood House in Highgate, worth an estimated 48 million pounds, and the 16th-century Sutton Place estate in Surrey.“Vladimir Putin keeps all his money with the oligarchs,” said William Browder, a U.S.

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