The azure waters of southwest Turkey saw the arrival of a two multimillion-dollar superyachts this week reportedly belonging to Russian oligarch Roman Abramovich.
"Yachts alleged to be beneficially owned by sanctioned individuals are free to travel and operate outside EU/U.K./U.S. waters," Benjamin Maltby, partner at U.K.-based Keystone Law and an expert in yacht and luxury asset law, told CNBC Wednesday.
Instead, Turkey has positioned itself as a neutral and valued mediator in talks between Russia and Ukraine, with Dutch Prime Minister Mark Rutte praising the country Tuesday for"doing everything that it can do." Abramovich, who is not himself traveling on either of the two yachts, was in Istanbul last week, according to
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