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Financial naval battle with Russian mega yachts | Abroad

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Oligarchs send their ships halfway around the world for fear of seizure

LAUTOKA – Russian oligarchs are sailing their yachts halfway around the world, looking for places where they’ll be safe from seizure. Yet even remote places like the South Pacific do not offer a safe haven for the luxury ships. For example, the US Department of Justice seized a yacht this week that had arrived in Fiji after a journey of more than 15,000 kilometers.

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