Russian tycoon wants his superyacht back ...News

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Sergey Naumenko, who is not under sanctions, is suing the UK for unlawful seizure Russian property developer Sergey Naumenko has filed a High Court claim against the UK’s Department for Transport (DfT), seeking to free his £38 million ($47.8 million) superyacht ‘Phi,’ which was seized by the department last year as part of Western sanctions. Naumenko is not on the sanctions list and denies any links to the Russian government. According to the document filed on May 10, the businessman wants the British authorities to release the vessel, which has been moored in London’s Canary Wharf since the end of 2021, and is se

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