Ukraine Auction to Buy Oligarch’s $200m Superyacht

• Ukraine has sold the yacht of Viktor Medvedchuk (pro-Kremlin Ukrainian politician).
• The Ukrainian government will benefit from the sales proceeds.
• According to some reports, Medvedchuk was Vladimir Putin’s preferred choice for a puppet leader of Ukraine. 

An exiled oligarch owned a superyacht worth $200 million that will be sold to benefit Ukraine. According to the Guardian

The Royal Romance, which was owned at the time by Viktor MedvedchukIt was taken in March in Croatia and handed to the Ukrainian Asset Recovery and Management Agency.

ARMAIt would “preserve its economic value by selling them at auction,” making it the first such sale for the nation’s citizens. 

It measures in at 303 feet long and nearly 100 feet high. There are 50 rooms on the vessel, which is spread over six floors. It has two elevators.

It can accommodate 14 guests and 21 crew, as well as a swimming pool with a flowing waterfall cascading above the stern.

Its owner Medvedchuk,Is worth approximately $620 Million per Forbes, and was the chairman of Ukraine’s pro-Kremlin political party — Ukrainian Choice — before it was banned and disbanded following the Russian invasion.

Also, he was thought to have been Vladimir Putin’s choice for a puppet chief to replace Volodymyr Zeleskyy in the event Russia overthrew the Ukrainian government. Putin is Medvedchuk’s youngest daughter and Medvedchuk calls him “a personal friend.” 

Medvedchuk lived under House arrestIt took nine months for them to escape when Russia invaded Ukraine. ArrestSix weeks later, he was After the Siege of Mariupol, they were exchangedHe has been living in exile since then in Russia.  

According to the Croatian, although Croatia took the yacht in March from Croatia, the police searched it only on November 19, after an approved search warrant by the US justice department. Jutarnji list.

ARMA claimed that the yacht was also inspected by its representatives during a trip to Croatia. 

“It is important to emphasize that the management and seizure of seized property is unique in the world. There are no precedents in Ukraine or in international practice.”

The company also stated that it is looking for a yacht worth $540 million, owned by an unnamed Russian nobleman.