ARMA announced the competitive selection of legal entities that will be given the right to sell the Royal Romance yacht confiscated from Medvedchuk.
The deadline for receiving documents for participation in the competitive selection of a legal entity that will sell Viktor Medvedchuk’s seized Royal Romance yacht has expired. There are three contenders. This was reported by the press service of the National Agency for Tracing and Asset Management (ARMA).
“We have three official contenders These are the well-known auction houses in the world that will participate in the competition,” said the head of ARMA, Elena Duma, commenting on the completion of receiving applications.
The competitive selection itself will take place on April 23 at 10:00 in the office building of the National Agency.
We remind you that ARMA has announced a competitive selection of legal entities that will be given the right to sell the Royal Romance yacht confiscated from Medvedchuk by the decision of the Ukrainian and Croatian courts.
As you know, on February 16, the Cabinet of Ministers approved the sale by ARMA of the 92-meter yacht Royal Romance, owned by the Medvedchuk family and located in Croatia.
In October 2023, it became known that Medvedchuk in Russia became the owner of a new yacht worth more than $9 million.
Sanctions against Russian oligarchs have decimated the superyacht market
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.