Europe Officials Seize Multi-Million-Dollar Superyachts of Russian Billionaire Businessmen

Europe Officials Seize Multi-Million-Dollar Superyachts of Russian Billionaire Businessmen
Russian oil giant Rosneft CEO Igor Sechin (R) and President of ExxonMobil Exploration Company Stephen Greenlee, sign documents as Russia's President Vladimir Putin watches at the Novo-Ogaryovo state residence outside Moscow, on Feb. 13, 2013. Sergei Karpukhin/AFP/Getty Images
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Authorities in Europe have seized two superyachts belonging to Russian businessmen with alleged close ties to Russian President Vladimir Putin, according to multiple reports.

Authorities in France on Thursday seized a yacht they linked to the CEO of Russian oil giant Rosneft, Igor Sechin, in the Mediterranean port of La Ciotat, Finance Minister Bruno Le Maire said.

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