The US Department of Justice building in Washington. Reuters
The US Department of Justice building in Washington. Reuters
The US Department of Justice building in Washington. Reuters
The US Department of Justice building in Washington. Reuters

US obtains warrant to seize Airbus of Russian oligarch Skoch


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The US has obtained a warrant to seize an Airbus A319-100 owned by sanctioned Russian oligarch Andrei Skoch.

The aircraft, valued at $90 million, is in Kazakhstan, an affidavit in support of the seizure warrant says.

The US and EU have increased a crackdown on Russian oligarchs after President Vladimir Putin's invasion of Ukraine on February 24, which led to many western sanctions.

They have seized luxury estates, mega-yachts and aircraft of Russian billionaires known to have ties to Mr Putin.

US authorities seize Russian oligarch’s superyacht in Spain

Mr Skoch, who is a member of the Russian parliament's lower house, has been subject to US sanctions since 2018 for “long-standing ties to Russian organised criminal groups”.

The steel magnate is also one of the wealthiest men in Russia’s Duma. His fortune is valued at about $6.6 billion, according to Forbes.

The Treasury first imposed sanctions on Mr Skoch in April 2018 over claims of his ties to organised crime and for being “a deputy of the Russian Federation’s State Duma.”

More sanctions were imposed on him and his assets after Russia's invasion of Ukraine.

“Today's action demonstrates that the US government will be relentless in our efforts to bring to justice those that are enabling Putin's heinous war against Ukraine,” assistant secretary of commerce Matthew Axelrod said.

Agencies contributed to this report.

Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

Updated: August 08, 2022, 9:32 PM