Italy seizes luxury villas and superyachts worth €143m from Russian oligarchs
taly has seized luxury villas and superyachts owned by Russian oligarchs. The owners are all on the EU’s sanctions list.
On Friday, Italian foreign minister Luigi Di Maio announced the plan to start seizing properties of those thought to be close to President Vladimir Putin.
“We must be able to stop Putin's attack, bringing him to the table, and he won't go with niceties,” he told Italian state TV.
The Italian financial police moved quickly and since Friday, has seized €143 million worth of property from five Russian oligarchs.
This includes luxury villas located in some of the country's most picturesque destinations like Tuscany and the island of Sardinia. Read More...