Mark Hollingsworth

The Caribbean island that wants to claim a Russian super yacht

The Alfa Nero in Venice (photo: Getty)

Earlier this year I asked Gretta Fenner, head of a Swiss Foundation that investigates oligarchs and financial crime, about confiscating the assets of wealthy sanctioned Russians and using the proceeds to support the Ukrainian military and rebuild the country. I was surprised by her response. ‘Confiscating assets without proof they are the proceeds of crime is akin to expropriation,’ she told me.

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Written by
Mark Hollingsworth

Mark Hollingsworth is the author of ‘Londongrad – From Russia with Cash’. His new book, ‘Agents of Influence – How the KGB Subverted Western Democracies’, will be published by Oneworld this April.

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