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One of the recently seized superyachts of the Russian oligarchs can only become yours for a fraction of the price, if you have tens of millions of dollars weighing in your pockets.
Tango, the 80-meter long yacht seized by Russian millionaire Viktor Vekselberg, is expected to be auctioned soon as it costs a lot to be kept in activities, writes the British The Sun.
The luxury boat, valued at about $ 90 million, was seized by U.S. justice authorities earlier this month in Sanja’s Palma de Mallorca.
Although sanctioned by the US since 2018, Vekselberg had used dollar payments through US banks to maintain the vehicle.
The money covered the costs of anchoring and staying in luxury resorts in the Maldives.
Russian millionaires have used their luxury boats to flee to safer places following the Kremlin’s campaign of sanctions.
Tango’s seizure was part of the US operation against the assets of Russian individuals who helped’s Moscow war in Ukraine.
But keeping such giant vehicles ready for navigation is costly, especially before Vekselberg is accused of bank fraud and breach of sanctions.
And in fact if the yacht is not sold in a relatively fast period it may end up in scrap plants, just to avoid costs.
The giant ship has rooms for 14 guests and 22 crew members, who take care of every aspect of the yacht
It has four diesel engines with 1,730 horsepower and can reach speeds of 22 knots.
Yet Tango is not among the most extravagant yachts seized, such as that of the English-based Russian oligarch Alisher Usmanov valued at about $ 600 million.
“If maintenance and parking become too expensive, the government may decide to sell it to turn it into cash,” said Stefan Cassella, a former federal prosecutor for the network. The Daily Beast.
“A Bugatti can be kept in a garage until the case is closed, but this can not be done with a yacht as big as a football field,” he justified.
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