Germany snatches $600 million yacht from Russian oligarch: Report

German officials have ensured that Russian billionaire Alisher Usmanov won’t be able to relax on his lavish yacht while Russian firepower pummels Ukraine, according to a new report.

Authorities this week seized his treasured $600 million, 512-foot yacht Dilbar, which was being refitted in a German shipyard, sources told Forbes. The seizure came in response to European Union sanctions against Usmanov and other oligarchs Monday over Russia’s deadly invasion of Ukraine.

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