US authorities have discovered a possible Faberge egg from the captured yacht of a Russian oligarch

Monaco told the Aspen Security Forum that the jeweled egg, which if genuine would make it one of the few left in the world and worth millions of dollars, was one of the more “interesting” discoveries made by federal law enforcement officials aboard the ship. captured yachts. Eggs, now priceless collectibles, were created by the House of Faberge in St. Petersburg between the late 19th century and the early 20th century.
As part of the Justice Department’s KleptoZapvat initiative and a multinational task force called REPO – Russian elites, proxies and oligarchs – the United States and its allies confiscated billions of dollars Russian assets under sanctions since March, according to the Finance Ministry. The initiatives were launched after Russia invaded Ukraine to deprive Russia of resources used to support its war effort.
Other yachts seized overseas since the war began include a 255-foot yacht owned by Russian oligarch Viktor Vekselberg, according to the Justice Department; a 132-foot superyacht owned by Russian oligarch Gennady Timchenko; and a 289-foot yacht associated with oligarch Igor Sechin.

The effort so far has not stopped Russian President Vladimir Putin from continuing the war. But Monaco said it was still “important to expose corruption” and demonstrate to the Russians that “we will do our best to persecute them dishonestly.”

She added that the US is working with law enforcement counterparts around the world to search and confiscate the yachts, and the Justice Department has asked Congress for authority to transfer proceeds of confiscated goods to Ukraine.

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