fincrimeagency@protonmail.com

@onmanagement

The Costly Consequences of Oligarch Superyachts: How Taxpayers Foot the Bill for Western Sanctions

The Costly Consequences of Oligarch Superyachts: How Taxpayers Foot the Bill for Western Sanctions

The world of superyachts and Russian oligarchs collided in a dramatic and expensive fashion, as Western sanctions have left European states with a hefty financial burden. Italy's seizure of the 143-meter sailing yacht, believed to belong to billionaire Andrey Melnichenko, has resulted in a staggering €800,000 monthly maintenance cost for taxpayers. Join us as we delve into the superyacht saga and uncover the true cost of these floating palaces.