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Court orders sale of arrested superyacht linked to sanctioned Russian businessman

Photo by Johnny Bugeja

The Supreme Court has ordered the sale of a superyacht linked to a Russian billionaire whose name appears on the UK’s Ukraine sanctions list. The Malta-flag vessel Axioma was arrested in Gibraltar last March over an admiralty claim filed by J.P. Morgan bank. Court documents state the bank had provided a Euro20.5m loan in December...

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