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SUPERYACHTS SY News ... SuperYacht linked to a Russian President fled Sanctions Original article: Burgess COMMENTARY Peter Burgess | ||
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SuperYacht linked to a Russian President fled Sanctions | SY News
382,095 views Apr 3, 2022 eSysman SuperYachts 191K subscribers #superyacht #superyachts #yachts #boats #sanctions Is Turkey becoming a safe haven for Russian SuperYachts? A London-headquartered port operator could be breaching sanctions laws by allowing Roman Abramovich to dock his $600m 140 metre superyacht Solaris at a port that it operates in Bodrum Turkey. Legal experts said Global Ports Holding, which has been listed on the London Stock Exchange since 2007, was taking “a very big risk” by allowing a superyacht owned by a sanctioned individual to use one of its ports. UK sanction laws prevent British companies from accepting payments from companies or assets controlled by sanctioned individuals. The Turkish foreign minister said Abramovich is ‘of course’ welcome to do business in Turkey as per international law.
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