A federal judge has authorized the U.S. to seize a $90 million jet belonging to a Russian oligarch. The U.S. sanctioned Andrei Skoch, a steel magnate, after Russia invaded Ukraine.
The effort to seize Andrei Skoch’s private plane, an Airbus A319-100, was part of a monthslong pursuit of sanctioned Russian oligarchs and their blocked property, U.S. Attorney Damian Williams announced.
Skoch, a steel magnate, is one of the wealthiest men in Russia’s Duma, or parliament. His fortune is valued at about $6.6 billion, according to Forbes. The U.S. Treasury first sanctioned Skoch in April 2018 over his ties to organized crime and for being “a deputy of the Russian Federation’s State Duma.”
Following Russia’s invasion of Ukraine, the U.S. Treasury Department’s Office of Foreign Assets Control issued additional sanctions against Skoch and his assets, including by identifying the Airbus in June as property in which Skoch had an interest, according to a release from law enforcement authorities.The warrant to seize the plane, which is now in Kazakhstan, was signed by U.S. District Judge Robert W.
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