US targets billionaire Russian oligarch, officials seize superyacht

Under the recently imposed sanctions on Russia's elite, the US government has targeted a billionaire oligarch and his superyacht.

1 minute & 1 second read time

An extremely wealthy Russian oligarch with close ties to Russian President Vladimir Putin is being targeted by the US government.

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Under the new sanctions imposed by the US government following Russia's invasion into Ukraine, US officials began targeted Russian oligarchs which are the extremely wealthy elite that are close with Putin. Russian oligarchs have had their assets targeted by the Biden administration and recently the US Justice Department secured a warrant to seize the 77-metre superyacht called Tango valued at $120 MILLION.

The superyacht is one of the most expensive superyachts in the world and is linked to billionaire Russian businessman Viktor Vekselberg, who was accused by the US Justice Department of attempting to conceal ownership of the superyacht through various shell companies. Tango was seized by Spanish police and US federal agents at the Marina Real in the port of Palma de Mallorca in the Mediterranean Sea.

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"It will not be the last. Together, with our international partners, we will do everything possible to hold accountable any individual whose criminal acts enable the Russian government to continue its unjust war." said US Attorney General Merrick Garland.

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Viktor Vekselberg.

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Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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