A superyacht owned by a Russian businessman has been detained in London as the UK government continues to impose sanctions due to the ongoing war in Ukraine.
Transport Secretary Grant Shapps confirmed that on Tuesday, UK officials boarded the vessel named Phi which was situated in Canary Wharf in east London.
The superyacht, which was in London for an awards ceremony, is 58.5 metres long and features what is described as an"infinite wine cellar" and a freshwater swimming pool. "Today we've detained a £38 million superyacht and turned an icon of Russia's power and wealth into a clear and stark warning to Putin and his cronies," Mr Shapps said.
"Detaining the Phi proves, yet again, that we can and will take the strongest possible action against those seeking to benefit from connections to Putin's regime."The Department for Transport said it worked with the National Crime Agency and the Border Force Maritime Investigation Bureau to identify and detain the vessel.
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