Seized Russian oligarchs superyacht can be bought at bargain knockdown price

The seized mega superyacht belonging to one of Russia's wealthiest billionaires could be yours for a knockdown price.

Viktor Vekselberg, who owns the 255ft Tango, had his items seized by the US Department of Justice (USDJ) in Palma de Mallorca, Spain this month due to his close ties to Russia's president Vladimir Putin.

But the USDJ now has to pay to keep the boat seaworthy, which could see it sold cheaply soon – or it'll end up being scrapped.

The £70million boat – which is bigger than most average UK homes – can hold 26 people at any one time, including the 22 staff needed to keep it running.

It is the 189th longest yacht in the world, and comes complete with its own private owner's deck, an outdoor cinema and a contra-flow swimming pool.

And it that wasn't enough, it also houses its own massage parlour.

Stefan Cassella, a former federal prosecutor and money-laundering expert told The Daily Beast: “If the maintenance and storage become prohibitively expensive, the government can go to the court and say, 'we want to sell this and reduce it to cash.'

“It can be sold at auction for a fair market value and turned it into a liquid asset.

A Bugatti can be kept under a tarp in a garage until a case is concluded.

“The same can't be said of a yacht that's the length of a football field.”

The yacht's former owner is worth around £8billion, which makes him the 262nd richest person in the world, according to Forbes.

He is a known close ally of Russian president Vladimir Putin, and had been tasked with overseeing projects to modernise the Russian economy in recent years.

He also holds two Russian honours – the order for merit to the Fatherland, and the order of Alexander Nevsky decoration for beneficence, which were both awarded to him by Putin himself.

He currently resides in Switzerland.

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