From “Dilbar” chained – noble sister owner – Germany –

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The most expensive luxury yacht in the world, reportedly worth over 500 million euros, has been banned from disposal.
© Reuters

The luxury yacht “Dilbar” has been detained in the port of Hamburg on the grounds of EU sanctions due to the invasion of Russian troops into Ukraine.

The luxury yacht, believed to be the most expensive in the world at over 500 million euros, has been banned from disposal and therefore can no longer be “sold, rented or loaded” as a spokesman for the Federal Criminal Police Office (BKA) said. could. ) told the German Press Agency on Wednesday. NDR, WDR and “Süddeutsche Zeitung” previously reported.

There was already speculation at the beginning of March that the ship, which was built in 2016 and was 156 meters long and 24 meters wide, would be confiscated, but this initially did not turn out to be true.

the owner is the sister of the oligarch

The problem was the proof of ownership of the yacht. It is absolutely necessary to be able to chain such a ship. Particularly in the super yacht scene, however, ships are often registered in tax havens through holding companies or letterbox companies in order to disguise the true owners. In the case of “Dilbar”, BKA was able to determine a complex offshore company construction and thus disclose the actual ownership of the luxury yacht “Dilbar”, the spokesperson said. The owner is the sister of the oligarch Alisher Usmanov, loyal to the Kremlin.

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Yacht cannot leave port

Basically, Usmanov himself was accepted as the master. However, the BKA’s investigation revealed that Usmanov indirectly transferred assets to his sister Gulbkhor Ismailova in 2017. Officially, Nevis Marine Ltd. From the owner of the Cayman Islands “Dilbar”. However, its shareholder is the Cypriot holding company Almenor Holdings Limited, which in turn is managed in trust by Swiss Pomerol Capital SA for the benefit of “The Sisters Trust”. “Since 2017, Alisher Usmanov has ceased to be a shareholder of this trust company, making his sister, Gulbkhor Ismailova, the sole beneficial owner of the yacht “Dilbar”, “published in the Official Journal of the European Union of the European Union. The ban list says. ,

According to ship location service VesselFinder.com, “Dilbar” has been in the Port of Hamburg since early January. It has since been kept in dry dock at the Blohm + Voss shipyard. Since she is not currently ready for sailing, she cannot leave port.

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