The Half-A-Billion Superyacht "Scheherazade", Said To Belong To Putin, Seized In Italy

The superyacht "Scheherazade", said to belong to Russian President Vladimir Putin, has been seized by the Italian authorities.

The yacht is one of the most expensive ever built in history. Launched in 2020, it is 140 meters long and valued at over half a billion dollars.

Although there is no official confirmation, investigations have pointed out that the most likely owner of the "Scheherazade" superyacht is Vladimir Putin himself, who has never hidden his admiration for such precious "jewels".

This yacht has 6 decks, two helicopter landing pads, a swimming pool, spa, beauty salon, enormous guest lounges, royal cabins, and an elevator.

According to the list of the largest yachts in the world, "Sherazade" is in the 13th position. The third place belongs to Russian oligarch Roman Abramovich's yacht "Eclipse", and the fifth place to Alișer Usmanov's yacht "Dilbar".

Putin's Superyacht "Scheherazade" Seized

According to DPA, financial police have linked the 140-meter-long vessel to someone with ties to people in the Russian government and others on the EU sanctions list, the Italian government said Friday evening.

Registered in the Cayman Islands, the yacht was last anchored in the Tuscan port of Marina di Carrara.

Finance Minister Daniele Franco reportedly anticipated the ship's departure with his decision to confiscate it.

The New York Times wrote that the yacht was released Tuesday after several days stationed at the dock. Crew members were seen rushing to load the ship, and the yacht had been refueled the previous week.

Italian authorities estimate Scheherazade is worth around 650 million euros (685 million dollars).

"Scheherazade" Is Said To Belong To Putin

According to the team of Alexei Navalny, the Kremlin's opponent who is imprisoned in Russia, the luxurious vessel is believed to belong to Vladimir Putin.

Navalny's team was keen to point out that this asset, like many others, is not registered in Putin's name, but many of the personnel working on the yacht belong to the Russian Federal Security Service.

"Russian President Vladimir Putin is famous for stealing a lot, but nowhere does his name appear on what he stole. The same happened with our new discovery - one of the world's biggest and most expensive yachts,Scheherazade," said Maria Pevcih and Gheorghii Alburov, members of the Anti-Corruption Foundation set up by the Kremlin's main opponent.

They also pointed out that there are several investigations into this yacht, but there is no direct evidence that it belongs to Vladimir Putin. Navalny's team dug deeper and got hold of the crew list of this yacht.

So, according to the list, almost half of the crew are members of the Federal Security Service of the Russian Federation, Putin's security establishment, so all are Russian except the captain.

Luxury yacht company The Italian Sea Group, which last worked on the ship, announced several weeks ago that Putin is not the owner, according to documents.

The Italian press reported that Eduard Khudainatov, former head of Russian state-owned Rosneft, is registered as the owner. The manager is also cited as the owner of the yacht Amadea, which was seized Tuesday in Fiji.

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