Sanctioned Russian yachts in Maldives

Several foreign news agencies have reported that yachts of Russian oligarch’s have been diverted to the Maldives as various nations imposes sanctions on Russia and those who support President Vladimir Putin.

The luxury yacht Cilo belonging to the Russian billionaire Oleg Deripaska, docked in Maldives on Monday, when United States imposed sanctions after Russia invaded Ukraine. The owner of the USD 100 million (MVR 1.5 billion) vessel registered on Cayman Islands is an aluminum trader. The US had previously imposed sanctions on him in 2018 as well.