A sailing yacht A owned by Russian oligarch Andrey Melnichenko in Trieste, Italy, on March 10, 2022. AFP
The "Sy A'' yacht was identified by Italian police as belonging to belonging to billionaire Andrey Igorevich Melnichenko, who made a fortune in fertilizer production and coal energy. It was seized Friday evening.
Video shows police in cars with flashing lights approaching the triple-mast yacht and officers boarding it.
Italian authorities last week seized some 143 million euros ($156 million) in luxury yachts and villas belonging to Russian billionaires in such picturesque retreats as Sardinia, the Ligurian coast and Lake Como.