Article 6BP3W Russian tycoon suing UK government for return of £38m superyacht

Russian tycoon suing UK government for return of £38m superyacht

by
Rupert Neate Wealth correspondent
from on (#6BP3W)

Sergei Georgievich Naumenko, who is not on sanctions list, is also seeking damages in high court claim

A Russian tycoon is suing the UK government over the seizure of his 38m superyacht in London shortly after Russia's invasion of Ukraine last year.

Sergei Georgievich Naumenko, a property developer who is not on the UK's Russia sanctions list, has filed a high court claim against the Department for Transport (DfT) demanding it free his 58.5-metre (192ft) long superyacht Phi and pay damages.

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