Mystery Mega Yacht Impounded by Italian Authorities

Scheherazade, one of the world's biggest and most expensive yachts allegedly linked to Russian billionaires, is moored in the harbor of the small Italian town of Marina di Carrara, Italy, March 23, 2022. REUTERS/Jennifer Lorenzini
Scheherazade, one of the world's biggest and most expensive yachts allegedly linked to Russian billionaires, is moored in the harbor of the small Italian town of Marina di Carrara, Italy, March 23, 2022. REUTERS/Jennifer Lorenzini
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Mystery Mega Yacht Impounded by Italian Authorities

Scheherazade, one of the world's biggest and most expensive yachts allegedly linked to Russian billionaires, is moored in the harbor of the small Italian town of Marina di Carrara, Italy, March 23, 2022. REUTERS/Jennifer Lorenzini
Scheherazade, one of the world's biggest and most expensive yachts allegedly linked to Russian billionaires, is moored in the harbor of the small Italian town of Marina di Carrara, Italy, March 23, 2022. REUTERS/Jennifer Lorenzini

The Italian authorities on Friday impounded a mega yacht at the center of a mystery over its ownership as speculation swirled it might even belong to the Russian president.

"Scheherazade", worth an estimated $700 million, has been the subject of a probe into its ownership by Italy's financial police, AFP said.

The Italian probe has helped "establish significant economic and business links between the person who officially possesses the Scheherazade and eminent people in the Russian government," as well as Russian figures sanctioned by the West following Russia's invasion of Ukraine, the Italian ministry of economy and finance said in a statement.

Following the probe, "the minister of Economy and Finance, Daniele Franco, has signed a decree impounding" the yacht, the statement added.

It had been berthed for several months for maintenance work at a shipyard at the Marina di Carrara, within the western seaside town of Massa.

But the yacht was back on the water and seemed about to set sail on Friday, an AFP photographer said before the Italian government statement was issued.

But the mystery remains unresolved: who does "Scheherazade" belong to? A Russian oligarch? Vladimir Putin?

Built by Germany's Luerssen in 2020, the 140-meter yacht features two helipads, a swimming pool and a movie theatre, according to the SuperYachtFan website, which researches yachts and their owners.

Italian police had said they were doing their best to identify the owner.

"It's not always easy to attribute ownership" of a yacht, a source close to the Italian probe told AFP in late March.

The same source said earlier Friday there was "nothing new" in the investigation.

Researchers at the anti-corruption foundation of Russian dissident Alexei Navalny link the yacht to Putin.

They cited a crew list in their possession that included several members of Russia's federal protective service, charged with Putin's security.

But the Italian Sea Group said in a statement the yacht was "not attributable to the property of Russian President Vladimir Putin".

The shipyard's owner said its assessment was based on "the documentation in its possession and following the findings of the checks carried out by the relevant authorities".



Russia: Man Suspected of Shooting Top General Detained in Dubai

An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova
An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova
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Russia: Man Suspected of Shooting Top General Detained in Dubai

An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova
An investigator works outside a residential building where the assassination attempt on Russian Lieutenant General Vladimir Alexeyev took place in Moscow, Russia February 6, 2026. REUTERS/Anastasia Barashkova

Russia's Federal Security Service (FSB) said on Sunday that the man suspected of shooting top Russian military intelligence officer Vladimir Alexeyev in Moscow has been detained in Dubai and handed over to Russia.

Lieutenant General Vladimir Alexeyev, deputy head of the GRU, ⁠Russia's military intelligence arm, was shot several times in an apartment block in Moscow on Friday, investigators said. He underwent surgery after the shooting, Russian media ⁠said.

The FSB said a Russian citizen named Lyubomir Korba was detained in Dubai on suspicion of carrying out the shooting.

Russian Foreign Minister Sergei Lavrov accused Ukraine of being behind the assassination attempt, which he said was designed to sabotage peace talks. ⁠Ukraine said it had nothing to do with the shooting.

Alexeyev's boss, Admiral Igor Kostyukov, the head of the GRU, has been leading Russia's delegation in negotiations with Ukraine in Abu Dhabi on security-related aspects of a potential peace deal.


Factory Explosion Kills 8 in Northern China

Employees work on an electric vehicle (EV) production line at the Volkswagen Anhui factory in Hefei, Anhui province, China, February 4, 2026. REUTERS/Florence Lo
Employees work on an electric vehicle (EV) production line at the Volkswagen Anhui factory in Hefei, Anhui province, China, February 4, 2026. REUTERS/Florence Lo
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Factory Explosion Kills 8 in Northern China

Employees work on an electric vehicle (EV) production line at the Volkswagen Anhui factory in Hefei, Anhui province, China, February 4, 2026. REUTERS/Florence Lo
Employees work on an electric vehicle (EV) production line at the Volkswagen Anhui factory in Hefei, Anhui province, China, February 4, 2026. REUTERS/Florence Lo

An explosion at a biotech factory in northern China has killed eight people, Chinese state media reported Sunday, increasing the total number of fatalities by one.

State news agency Xinhua had previously reported that seven people died and one person was missing after the Saturday morning explosion at the Jiapeng biotech company in Shanxi province, citing local authorities.

Later, Xinhua said eight were dead, adding that the firm's legal representative had been taken into custody.

The company is located in Shanyin County, about 400 kilometers west of Beijing, AFP reported.

Xinhua said clean-up operations were ongoing, noting that reporters observed dark yellow smoke emanating from the site of the explosion.

Authorities have established a team to investigate the cause of the blast, the report added.

Industrial accidents are common in China due to lax safety standards.
In late January, an explosion at a steel factory in the neighboring province of Inner Mongolia left at least nine people dead.


Iran Warns Will Not Give Up Enrichment Despite US War Threat

Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)
Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)
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Iran Warns Will Not Give Up Enrichment Despite US War Threat

Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)
Traffic moves through a street in Tehran on February 7, 2026. (Photo by ATTA KENARE / AFP)

Iran will never surrender the right to enrich uranium, even if war "is imposed on us,” its foreign minister said Sunday, defying pressure from Washington.

"Iran has paid a very heavy price for its peaceful nuclear program and for uranium enrichment," Abbas Araghchi told a forum in Tehran.

"Why do we insist so much on enrichment and refuse to give it up even if a war is imposed on us? Because no one has the right to dictate our behavior," he said, two days after he met US envoy Steve Witkoff in Oman.

The foreign minister also declared that his country was not intimidated by the US naval deployment in the Gulf.

"Their military deployment in the region does not scare us," Araghchi said.