Cruise To Nowhere: Russian Oligarch’s Massive $600M Yacht Seized In Germany

Authorities in Germany this week seized a lavish $600 million yacht belonging to a Russian oligarch, according to reports.

The Dilbar, a 512-foot vessel belonging to billionaire Alisher Usmanov, was taken over by authorities while it was being refitted in a German shipyard, Forbes reported.

The business magazine learned about the move Wednesday, just two days after Usmanov was sanctioned by the European Union as part of its response to Russia’s invasion of Ukraine, the report said.

The EU has accused Usmanov of being a close ally of Russian President Vladimir Putin and a supporter of Russia’s 2014 invasion of Crimea, the Washington Examiner reported.