NEW: U.S. government seizes mega yacht in Spain owned by oligarch with close ties to Russian Pres. Vladimir Putin.
on Monday, the first in the government’s sanctions enforcement initiative to “seize and freeze” giant boats and other pricey assets of Russian elites.
A Civil Guard source told The Associated Press that the immobilized yacht is Tango, a 78-meter vessel that carries Cook Islands flag and that Superyachtfan.com, a specialized website that tracks the world’s largest and most exclusive recreational boats, values at $120 million. The source was also not authorized to be named in media reports and spoke to AP on condition of anonymity.
Vekselberg has long had ties to the U.S. including a green card he once held and homes in New York and Connecticut. The Ukrainian-born businessman built his fortune by investing in the aluminum and oil industries in the post-Soviet era. Vekselberg and Intrater met with Cohen at Trump Tower, one of several meetings between members of Trump's inner circle and high-level Russians during the 2016 campaign and transition.
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