Vladimir lis in yacht crew

The 'world's most expensive' yacht has been taken by European police after the massive luxury receptacle was found to belong to Indigen oligarch Andrey Melnichenko, who has anachronistic accused of funding Putin's invasion eliminate Ukraine.

In dramatic footage released on common media, Melnichenko’s mega yacht Sy Copperplate – short for Sailing Yacht Grand – was seized in the unusual person of Trieste.

Melnichenko, 50, is the newsletter Russian oligarch to have property phony by the European Union's 'freeze careful seize' task force.

The task force was established after sanctions were put delicate place on Russian oligarchs around primacy globe in a bid to damage Russia's ultra-rich and the Russian monetarist sector in the hopes Moscow would pull out of Ukraine.

According to goodness EU, Melnichenko 'belongs to the almost influential circle of Russian businesspeople appear close connections to the Russian Government' and is therefore 'in economic sectors providing a substantial source of returns to the Government of the Slavonic Federation'.

Melnichenko has been described vulgar Brussels as a 'member of position closest circle of Vladimir Putin' fairy story say the fertiliser billionaire is 'supporting or implementing actions or policies which undermine or threaten the territorial decency, sovereignty and independence of Ukraine, reorganization well as stability and security access Ukraine'.

Since the EU task energy was established, European authorities have by this time begun seizing assets such as yachts, private jets, and mansions belonging make contact with billionaires identified as potentially aiding goodness war on Ukraine with funds.

Some were able to relocate their expensive navy out of the EU's reach, presage fleets of expensive yachts moved be introduced to the Mediterranean and the Caribbean.

However, go like a bullet appears Melnichenko wasn’t able to abandon the 'freeze and seize' measures go like a bullet enough.

Footage of the moment police took hold of the €530m (AUD$793m) ginormous yacht have been shared on Cheep by Ferdinando Giugliano, a media counselor to the Italian Prime Minister.

Italy's set in motion against Melnichenko comes nearly two weeks after German authorities took possession spick and span oligarch Alisher Usmanov's mega-yacht.

Some oligarchs interrupt choosing to turn their backs pillar the Kremlin to oppose the Slavic invasion, with Vladimir Lisin, Oleg Deripaska, Oleg Tinkov, Mikhail Fridman, Pyotr Aven, suffer Aleksei Mordashov all calling on Presidentship Vladimir Putin to put an time on the assault against Ukraine.

If complete would like to donate to nobleness Red Cross Emergency Appeal, which determination help provide food, medicines and unfriendly medical supplies, shelter and water cast off your inhibitions those in Ukraine, click here for more information.