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Megayacht linked to sanctioned oligarch hides in UAE creek
In Ras al Khaimah UAE a 118 meter Motor Yacht A owned by Andrey Melnichenko sits quietly in a creek as UAE remains neutral amid Russia's war in Ukraine. The yacht, last seen near the Maldives, is under scrutiny as authorities in Europe pursue sanctions on linked vessels. The UAE cites protecting financial integrity while Dubai's Russian cash flow grows. EU and other governments have sanctioned Melnichenko, who faces asset seizure pressure. The yacht's UAE flag and lack of public action contrast with global moves to curb oligarch wealth.
MENTIONED IN THIS ARTICLE
Ras Al-Khaimah
United Arab Emirates
Uae
Emirates
Dubai
Russia
Ukraine
Gulf
Moscow
Vladimir Putin
Andrey Melnichenko
Forbes
Eurochem and
SUEK
European Union
Melnichenko
Putin
Italy
France
Spain
Britain
Associated Press
Maldives
Indian Ocean
Planet Labs Pbc
Financial Times
Foreign Ministry
U.N. Security Council
Washington
Karen Young
Middle East Institute
al Maktoum International
Dubai World Central
Dubai Marina
Palm Jumeirah
Thiago Caldas
Modern Living
Caldas
Abu Dhabi
Mubadala_ state investment company
China
Qatar
Javier Capapé
IE University
U.S
Ernst Peter Fischer
Germany