Italian authorities have seized villas, houses, and yachts worth more than 143 million euros (more than $150 million USD) from five Russian oligarchs, CNN reported Saturday.
Local officials released a statement Saturday, announcing that “Special Unit of the Financial Police, in collaboration with the Economic and Financial Police Unit of Imperia and the Aeronaval Operational Department of Genoa, executed asset-freezing orders on Friday against multiple Russian oligarchs.
According to the statement, freezing orders were executed against the following people:
Alexey Alexandrovits Mordaschov: yacht Lady M, located in the port of Imperia, worth approximately 65 million euros (about $71 million)
Gennady Nikolayevich Timchenko: yacht Lena, located in the port of San Remo, worth approximately 50 million euros (about $55 million)
Alisher Usmanov: real estate compendium located in Golfo del Pevero in Arzachena, worth approximately 17 million euros (about $18 million)
Vladimir Roudolfovitch Soloviev: properties located in the province of Como worth approximately 8 million euros (about $8.7 million)
Oleg Savchenko: seventeenth-century villa named “Villa Lazzareschi” located in the province of Lucca, worth about 3 million euros (about $3.3 million)
Don't Miss
The move comes after the EU Council imposed sanctions on several persons and entities over Russia’s military aggression against Ukraine, CNN reported.
