Giant £570 million superyacht ‘owned by Vladimir Putin’ is seized by Italian authorities as part of sanctions against Russia over invasion of Ukraine

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Giant £570 million superyacht ‘owned by Vladimir Putin’ is seized by Italian authorities as part of sanctions against Russia over invasion of Ukraine

  • The Scheherazade is more than 450ft long, and boasts spas, swimming pools and two helicopter pads 
  • Activists linked to imprisoned Russian opposition leader Alexei Navalny are convinced it belongs to Putin 
  • The yacht has been the subject of an investigation by the Italian financial police since the end of March 

By TOM PYMAN and NICK PISA FOR MAILONLINE

PUBLISHED: 16:42 EDT, 6 May 2022 | UPDATED: 19:50 EDT, 6 May 2022

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A giant superyacht said to be owned by Vladimir Putin was last night set to be seized by Italian authorities after they recommended it be impounded as part of sanctions against Russia.

Authorities in Italy said the $700 million The Scheherazade, which is more than 450ft long, and boasts spas, swimming pools and two helicopter pads was connected to a ‘significant person’ but did not name them.

The yacht has been the subject of an investigation by the Italian financial police since the end of March and has been in dock at Marina di Carrara near Pisa since September undergoing a refit.Murdered Wisconsin Lily Peters, 10, was lured into woods by her cousin, 14, before he ‘strangled her to the point of death and then sexually assaulted her’ – before returning to the scene ‘to hide her body better’ by covering her in leaves, and other top stories from May 07, 2022.Pause0:00 / 0:00Full-screen

The late night announcement came after fears grew that The Scheherazde was about to slip away and head to international waters and avoid any possible sanctions.Police impound ‘Scheherzade’ yacht linked to Putin in Italian mediaLoaded: 0%Progress: 0%0:00PreviousPlaySkipMuteCurrent Time0:00/Duration Time2:12FullscreenNeed Text

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