Russian oligarch Deripaska’s yacht arrives in Turkish waters

ISTANBUL, April 16 (Reuters) – A yacht linked to Russian aluminum tycoon Oleg Deripaska arrived in a bay near the southwestern Turkish resort of Gocek on Saturday, as other Russian billionaires are heading to Turkey to escape Western sanctions following the Russian invasion of Ukraine.

Deripaska, founder of Russian aluminum giant Rusal (RUAL.MM), has been sanctioned by the United States, European Union and Britain. He has previously called for peace.

A Reuters witness saw the 73-metre (239.5ft) yacht Clio arrive off the coast of Gocek in the Aegean coastal province of Mugla on Saturday. The Cayman Islands-flagged ship remains in a bay off Gocek.

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Clio’s arrival in Turkish waters comes after two superyachts linked to Russian billionaire Roman Abramovich, which made a surprise appearance at the Ukraine-Russia peace talks in Istanbul this month, docked in Turkish ports. Read more

World governments are seeking to insulate President Vladimir Putin and his allies from Russia’s invasion of Ukraine, which the Kremlin calls a “special military operation.”

Turkey, a NATO member, shares a maritime border with Ukraine and Russia in the Black Sea, enjoys good relations with both and mediates in the conflict. He supported kyiv, but also opposed sanctions against Moscow, including measures against Russian billionaires.

Ankara is heavily dependent on Russian energy imports and tourists and has become a safe haven for Russians fleeing sanctions, and many have invested in Turkish property. Read more

On Friday, a Ukrainian diplomat said Ukraine was working with Turkey for more support and understood – although not satisfied – the reality of Ankara’s parallel ties with Moscow. Read more

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Reporting by Yoruk Isik; Written by Tuvan Gumrukcu; edited by David Evans

Our standards: The Thomson Reuters Trust Principles.

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