Friday, March 29

The United States will pay for the 24,000 euros a day to maintain the ‘Tango’


United States has assured to the Spanish authorities will take care of the maintenance costs of Russian mega yacht ‘Tango’, seized on Monday in Palm after an unprecedented operation in which the country led by Biden made its first seizure from a Russian oligarch. Sources close to the action told this newspaper that they are still closing the legal fringes for such maintenance to be effective by North America.

Likewise, they also calculated that ‘Tango’ would have annual costs of nearly nine million euros, which is actually ten percent of the total cost of the boat, valued at just over $90 million. In other words, maintaining this floating mansion would mean an average expenditure of 24,000 euros per day on the part of the US coffers. It is also not clear that the ‘Tango’ is going to stay much longer in the shipyards and not even that it is going to remain moored during its seizure in another space in the port of Palma, since could be transferred by the authorities to another port facility Spanish, say sources close to the case. In any case, this extreme is something that is still being analyzed.

The spectacular nature of the operation carried out on Monday in the shipyards of the port of Palma was followed on Tuesday by a more modest but equally intense performance. The FBI continued to take statements from crew members del ‘Tango’ and other people linked to the yacht. It must be remembered that on Monday they already did it and documentation and electronic devices were also intervened during the search carried out together with the Civil Guard. All in order to find documentary evidence to confirm that ‘Tango’ is Vekselberg’s property and that he also tried to hide it, as stated in the FBI affidavit that accompanies and supports the precautionary seizure order of the boat from the Court of the District of Columbia, a document consulted by this newspaper.

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These pages underline that the Russian tycoon of Ukrainian origin allegedly committed bank fraud by structuring a whole series of financial transactions related to Tango, which hid the true ownership, “and which led to US financial institutions processing transactions in US dollars,” the affidavit states. “In addition, there is probable cause to believe that deceptive practices caused U.S. financial institutions to not conduct investigations into such transactions and did not inform the Treasury department accordingly,” the FBI report states.

The operation executed in Mallorca takes place within the framework of a rogatory commission from the US under the direction of the investigating court number 2 of Palma.


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