$700M Superyacht Moored In Italy May Be Putin’s

The New York Times reports:

American officials are examining the ownership of a $700 million superyacht currently in a dry dock at an Italian seacoast town, and believe it could be associated with President Vladimir V. Putin of Russia, according to multiple people briefed on the information.

United States intelligence agencies have made no final conclusions about the ownership of the superyacht — called the Scheherazade — but American officials said they had found initial indications that it was linked to Mr. Putin.

The information from the U.S. officials came after The New York Times reported on Tuesday that Italian authorities were looking into the 459-foot long vessel’s ownership and that a former crew member said it was for the use of Mr. Putin.

Read the full article.

Scoop: American officials are investigating if a $700 million super yacht is Putin’s. No conclusions yet. But officials said there are initial indications that the ship is associated with him. https://t.co/FdspIBUsIt

— Julian E. Barnes (@julianbarnes) March 11, 2022