A yacht belonging to a sanctioned 67-old Russian entrepreneur was raided by Frankfurt prosecutors at a port in northern Germany.
(Bloomberg) — A yacht belonging to a sanctioned 67-old Russian entrepreneur was raided by Frankfurt prosecutors at a port in northern Germany.
The man is suspected to have failed to notify the authorities about his “substantial” assets in the country, as required under sanctions rules, the prosecutors said in an emailed statement.
No names were disclosed.
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