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Russian oligarch Deripaska's yacht arrives in Turkish waters

Stock Markets
Published Apr 16, 2022 03:04PM ET Updated Apr 16, 2022 11:52PM ET
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2/2 © Reuters. FILE PHOTO: Russian tycoon Oleg Deripaska attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 3, 2021. REUTERS/Evgenia Novozhenina 2/2

ISTANBUL (Reuters) - A yacht linked to Russian aluminium tycoon Oleg Deripaska arrived in a bay near the southwestern Turkish resort of Gocek on Saturday, as more Russian billionaires head for Turkey to flee Western sanctions over Russia's invasion of Ukraine.

Deripaska, founder of Russian aluminium giant Rusal, has been sanctioned by the United States, European Union and Britain. He has previously called for peace.

A Reuters witness saw the 73-metre (239.5 foot) yacht Clio arrive off the coast of Gocek in the Aegean coastal province of Mugla on Saturday. The Cayman Islands-flagged vessel remains in a bay off Gocek.

The arrival of Clio in Turkish waters comes after two superyachts linked to Russian billionaire Roman Abramovich, who made a surprise appearance at Ukraine-Russia peace talks in Istanbul this month, docked in Turkish ports.

World governments are seeking to isolate President Vladimir Putin and his allies over Russia's invasion of Ukraine, which the Kremlin calls a "special military operation".

NATO member Turkey shares a maritime border with Ukraine and Russia in the Black Sea, has good ties with both and mediates in the conflict. It has supported Kyiv, but also opposed sanctions on Moscow, including measures against Russian billionaires.

Ankara relies heavily on Russian energy imports and tourists and has emerged as a safe haven for Russians fleeing sanctions, and many have invested in Turkish property.

On Friday, a Ukrainian diplomat said Ukraine is working with Turkey for more support and understands - though it is not happy with - the reality of Ankara's parallel ties to Moscow.

Russian oligarch Deripaska's yacht arrives in Turkish waters
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Comments (3)
gab nea
gab nea Apr 17, 2022 7:52AM ET
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in other words Putin's enablers are squirming.
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Malik Mujahid
Malik Mujahid Apr 16, 2022 4:11PM ET
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Enrico Delfini
Enrico Delfini Apr 16, 2022 3:47PM ET
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100% Expected from Turkey, and the world can expect more alooe actions from it … a sheep can not be disguised as a rabbit, no matter how you dress it!!!!!
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Engin Rençber
Engin Rençber Apr 16, 2022 3:47PM ET
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EU could have helped Turkey with refugees from Syria, Libya, and Cyprus. So you can't expect much while Germany is still paying Russia for nat gas.
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