Giant £570 million superyacht 'owned by Vladimir Putin' is seized by Italian authorities as part of sanctions against Russia over invasion of Ukraine

A giant superyacht said to be owned by Vladimir Putin was last night set to be seized by Italian authorities after they recommended it be impounded as part of sanctions against Russia. Authorities in Italy said the $700 million The Scheherazade, which is more than 450ft long, and boasts spas, swimming pools and two helicopter pads was connected to a 'significant person' but did not name them.-- More...