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Italian police seize yacht owned by Russia’s richest man

$27m boat impounded after EU blacklists owner Alexei Mordashov following Moscow’s attacks on Ukraine

Italian police have seized a yacht owned by Alexei Mordashov, the richest man in Russia before being blacklisted this week by the European Union following Moscow’s attack on Ukraine.

The 65-metre (215-ft) “Lady M” was impounded in the northern Italian port of Imperia.

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