Why Italy can’t switch off AC on a seized Russian billionaire’s $600 million yacht

Italy seized Sailing Yacht A, the $600 million superyacht owned by Russian billionaire Andrey Melnichenko, in Trieste in March 2022 under sanctions, and has been paying for its upkeep ever since. The upkeep reportedly costs about $30,000 a day, which covers a 20-person crew, fuel and climate…

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