Two new yachts of a Russian oligarch frozen on the French Riviera

He is one of the most influential Russian oligarchs. Two new yachts belonging to 59-year-old Alexei Kuzmitchev have been frozen on the French Riviera as part of European Union sanctions after the invasion of Ukraine, a source said on Wednesday. governmental. France had already immobilized a mega yacht, the Amore Vero, owned by a company linked to the boss of the Russian oil giant Rosneft, Igor Setchin, on March 3.

On March 16, a new pleasure boat was therefore frozen and then a second Monday, said this source, confirming information from Release. Baptized “La Petite Ourse”, the first boat moored in Cannes is 17 m long and its value is estimated at 20 million euros. With its 26 m long, its “big brother”, “La Grande Ourse”, in Antibes for maintenance work, has a value of 70 million euros.

His “well-established links with the Russian president”

Alexei Kuzmitchev “is a major shareholder in the Alfa Group conglomerate, which includes Alfa Bank, one of Russia’s largest taxpayers”, according to the EU, which placed him on the list of people targeted by sanctions on March 15.

Considered “one of the most influential people in Russia with well-established ties to the Russian president”, the man “is also an influential Russian businessman involved in economic sectors which constitute a substantial source of income for the government of the Russian Federation,” the union further underlined.

source site