Spain Seizes $90 Million Yacht Owned by Sanctioned Russian Oligarch

Spanish police acted on behalf of the US

Spanish Civil Guards stand by the "Tango" superyacht, suspected to belong to a Russian oligarch, as it is docked at the Mallorca Royal Nautical Club, in Palma de Mallorca, in the Spanish island of Mallorca, Spain, on April 4, 2022. Juan Poyates Oliver/Handout via Reuters

On behalf of U.S. officials, Spanish police on Monday seized a luxury yacht believed to belong to Russian oligarch Viktor Vekselberg, the Department of Justice (DOJ) confirmed.

The $90 million vessel, dubbed “Tango,” was impounded by Spain’s Civil Guard and U.S. federal agents who descended upon the yacht stationed in the shipyard of Palma de Mallorca in the Mediterranean.