Italy blocks superyachts possibly related to Putin

Information from the Italian government said that they had frozen a superyacht believed to be related to Russian President Vladimir Putin.

This authority prevented the ship from leaving the port.

Superyacht named Scheherazade, flagged Cayman Island, nearly 460 ft long, is moored at Marina di Carrara port.

Italy’s finance ministry said an investigation had linked the owner of the superyacht to Russian government officials.

Italy did not name Mr. Putin, but multiple reports suggested the ship was linked to him.

Western governments stepped up efforts to track, identify and seize the assets of sanctioned Russians with ties to the Kremlin.

The Biden administration has set up a task force, called KleptoCapture, to enforce US sanctions against some of the Russians on the list.

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