google.com, pub-6663105814926378, DIRECT, f08c47fec0942fa0 Around the World JM: Gibraltar: Russian oligarch Pubiansky's yacht confiscated


Gibraltar: Russian oligarch Pubiansky's yacht confiscated

Gibraltar: Russian oligarch Pubiansky's yacht confiscated


The yacht of the head of the TMK pipeline giant, Dmitry Pubianski, was confiscated by the Gibraltar authorities as part of the British sanctions against Russian oligarchs.

The yacht of Russian oligarch Dmitry Pubiansky was confiscated in the British enclave of Gibraltar, after the appeal of a creditor bank, became known by the authorities, linking this measure with the British sanctions against the businessman after the war in Ukraine.

The Maltese-flagged vessel, named Axioma, "has been the subject of a seizure request by a major international bank in the Supreme Court of Gibraltar," the government said yesterday.

Gibraltar allowed the yacht to enter its port, which was banned under British sanctions against Russian oligarchs, "in the interest of creditors who had filed a lawsuit against the ship", the Gibraltar authorities added, without elaborating.

The ship was seized by the judge in charge of maritime affairs "until further notice", they noted.

After meeting with Gibraltar Prime Minister Fabian Picardo, British Foreign Secretary Liz Trace tweeted today that "Gibraltar's confiscation of Dimitri Pubianski's super yacht based on the British."

The head of the TMK pipeline giant, Dmitry Pubiansky, is also in the crosshairs of EU sanctions imposed after the Russian invasion of Ukraine.

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