INSUBCONTINENT EXCLUSIVE:
Italy said Friday that it seized the yacht of a Russian oligarch who is seen as close to President Vladimir Putin and is subject to EU
blacklisted by Brussels for their perceived closeness to the Kremlin.Since Russia's invasion of Ukraine began on Feb
24, the EU has moved to freeze the assets of connected oligarchs and bar them from entering the bloc.Mordashov used a statement issued
Monday to distance himself from Putin's war in Ukraine."I have absolutely nothing to do with the current geopolitical tensions and I don't
understand why the EU has imposed sanctions on me," he said.Italian media have reported that another yacht, the Lena owned by Gennady
Timchenko, the billionaire co-founder of commodities trader Gunvor, has been seized in Sanremo.The first yacht seized as a result of EU
