The Business of Middle East Superyachting

Tag: French government

  • French Government to Auction Off 41-Metre Seized Vessel

    French Government to Auction Off 41-Metre Seized Vessel

    Two years after motoryacht Stefania was seized during a stopover in Northwestern Italy, the French authorities will be putting the vessel up for sale. The 41-metre boat was confiscated at the behest of the French government following a money laundering case involving a Belarusian national. Marseille’s prosecutor’s office states that the “criminal activities” of Belarusian…