Let’s say you’re Gennady Ayvazyan Russian millionaire, worth a few quid and under investigation for various bollocks but soon enough will end up on a sanctioned list, you’ve got a big ol’ yacht floating around restriction-free waters but you know the clocks ticking on Jonny Law strapping on his lifejacket and boarding the thing. You need to liquidate, sharpish.
You canny sell the thing, the transaction would be caught in transit plus who’s up for dealing with a somewhat sanctioned individual? So you read over your insurance policy and sink the thing.
I don’t know, I doubt they pay out for this but to stick to the sea theme something seems fishy about it. Emergency call was placed at midnight, sank a few hours after.
I’m not joking, this clown sank the thing. For sure. He was hoping it’d be lost to the sea an hour or so after but unfortunately for this muppet the Italian coast guard is pretty good at what they do so now there’s a full HD vid of his silly ship taking a dive in broad daylight.
BBC: The reason the yacht sank is being investigated.
If you’ve got big bucks and a few years to spare, now is the time to be buying up Russian assets on the cheap.