On Wednesday, for example, the yacht of aluminum magnate Oleg Deripaska docked in the port of the capital, Mali, about 600 kilometers off the coast of India, Marine Traffic reports. Deripaska’s subsidiary Rusal has been facing US sanctions since 2018. Since the Russian invasion of Ukraine last week, Western countries have announced new sanctions against Russia at a rapid pace. For example, a French minister threatened to track down the Russian oligarchs in France and confiscate all their assets.

The text continues below the image.

The super yacht of businessman Viktor Rashnikov.

Ⓒ Anadolu Agency / Getty Images

Titan

The White House announced Sunday that it has formed a new task force to identify and prosecute the Russian oligarchy. Their property, whether money, real estate or yachts, will be frozen. The motive behind the search for an oligarchy is the close ties between Russian President Vladimir Putin and wealthy businessmen and owners of conglomerates, mines and industries. Billionaires and Kremlin CEOs form a partnership that keeps the country stable and is in Putin’s hands for the time being.

The text continues below the image.

The yacht of Russian billionaire Roman Abramovich.

Ⓒ Levent Casey/Anadolu Agency/Getty Images

It is said that the luxury yacht The Titan of Steel, magnate Alexander Abramov was in Male’ port for two days. And there are at least three more on the way, notes Marine Traffic. In the waters of the Maldives, for example, the 88-meter yacht Nirvana of one of the richest Russians, Vladimir Potanin, sails. According to observers, many Russian yachts docked in the Middle East early this year. The Maldives government has no comment on the Russian interest.

Also listen to the podcast”Ukraine updatewhere you are updated daily about the war in Ukraine: