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Superyacht Axioma sold for $37.5m

Photo by Johnny Bugeja

A superyacht that was seized by a bank over a Euro20.5m loan to a company linked to a sanctioned Russian businessman has been sold in Gibraltar for $37.5m dollars, a spokesman for Gibraltar’s Admiralty Marshal has confirmed. The sale of the MY Axioma was completed on Tuesday after completion of enhanced due diligence on its...

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