Germany seizes world's largest yacht owned by Russian oligarch
Germany has officially confiscated the world's largest superyacht owned by Russian oligarch Alisher Usmanov, as part of sanctions against Moscow following the outbreak of war in Ukraine. The 156-metre (1,680-feet) long "Dilbar" has an estimated value of $600 million ((555 million euros) according to Forbes magazine. Since last October the boat has been docked for repairs in a Hamburg shipyard, rfi reported. German customs had been planning to seize the superyacht for several weeks, but could not due to a legal imbroglio over its ownership. Eventually, the German Federal Judicial Police indicated that they had succeeded "after lengthy investigations, and in spite of concealment via offshore companies, in identifying the owner of the M/S Dilbar and it is Gulbakhor Ismailova, the sister of Alisher Usmanov". "The luxury yacht is now under the sanctions regime and so could be confiscated in Hamburg," police added on Twitter. The Russian...