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Ukraine News: Mega yacht Dilbar arrested in Hamburg - it belongs to an oligarch's sister

2022-04-15T11:18:56.443Z


Ukraine News: Mega yacht Dilbar arrested in Hamburg - it belongs to an oligarch's sister Created: 04/15/2022, 13:07 By: Patricia Huber The yacht Dilbar is now in the port of Hamburg - and will not leave there anytime soon. © Augst Eibner/Imago Images The mega yacht Dilbar has now been arrested in the port of Hamburg. It belongs to the sister of the Russian oligarch Alisher Usmanov. Hamburg -


Ukraine News: Mega yacht Dilbar arrested in Hamburg - it belongs to an oligarch's sister

Created: 04/15/2022, 13:07

By: Patricia Huber

The yacht Dilbar is now in the port of Hamburg - and will not leave there anytime soon.

© Augst Eibner/Imago Images

The mega yacht Dilbar has now been arrested in the port of Hamburg.

It belongs to the sister of the Russian oligarch Alisher Usmanov.

Hamburg - With seven decks and 4,000 square meters of living space, the super yacht Dilbar can accommodate around 40 guests.

But now she is lying all alone and abandoned in the port of Hamburg.

The reason: As a result of the Ukraine war* and the associated sanctions against Russian oligarchs, it was fixed.

Ukraine News: 500 million euro yacht in Hamburg fixed

With a value of more than 500 million euros, the Dilbar is the most expensive luxury yacht in the world.

The German authorities have now imposed a ban on their disposal, which is why they "can no longer be sold, rented or encumbered", as a spokesman for the Federal Criminal Police Office (BKA) told the German Press Agency on Wednesday.

At the beginning of March there had already been speculation that the ship, built in 2016, would be confiscated, but this initially did not come true.

At that time there was still a serious problem.

Because it could not be proven who was the owner of the yacht.

However, this is absolutely necessary in order to be able to chain such a ship.

In the super yacht scene in particular, however, ships are often registered in tax havens via holding companies or letterbox companies in order to disguise the true owners.

In the case of the Dilbar, the BKA was able to identify a nested offshore company construct and thus disclose the real ownership of the luxury yacht Dilbar, the spokesman said.

The owner is the sister of oligarch Alisher Usmanov, who is loyal to the Kremlin.

His fortune is estimated at around $13.4 billion

, according to

Forbes .

Ukraine-News: It is difficult to identify the owner of the Dilbar

The possession construct around the Dilbar is confused.

Originally, Usmanov himself had been accepted as the owner.

However, BKA investigations have revealed that Usmanov indirectly transferred assets to his sister Gulbakhor Ismailova back in 2017.

Officially, Navis Marine Ltd.

from the Cayman Islands owner of the Dilbar.

However, its shareholder is the Cypriot holding company Almenor Holdings Ltd., which in turn is managed by the Swiss Pomerol Capital SA in trust for the benefit of "The Sisters Trust".

"Since 2017, Alisher Usmanov is no longer a shareholder of this trust company, making his sister, Gulbakhor Ismailova the sole beneficial owner of the yacht Dilbar," according to the EU sanctions list published in the Official Journal of the European Union.

According to the ship

location service vesselfinder.com

, the Dilbar has been in the Port of Hamburg since the beginning of January.

Since then she has been pimped up in the dry dock at the Blohm+Voss shipyard.

Since she is currently not ready to sail, she cannot leave the port.

(dpa/ph) *Merkur.de is an offer from IPPEN.MEDIA.

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Source: merkur

All news articles on 2022-04-15

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