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Aug 7, 2023 innews

A $700 million superyacht linked to Putin was seized in Italy last year. It's being treated to a refurb while it waits, and authorities won't say who's paying for it.

The owner of the Scheherazade yacht is Eduard Khudainatov but he is merely the "straw owner" of the vessel, per Bloomberg.

Source:www.businessinsider.com

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