Italian financial police, who have already confiscated millions of dollars worth of yachts, villas, and bank accounts tied to Russian sanctions, are working to untangle documents that may or may not link the ship to Putin
One Thousand and One Nights
—is as close to Little Russia as anywhere in Italy. The port is lined with designer shops and a magnet for Russian tourists who flock to Forte dei Marmi resort, which hosts around 500 Russian “regulars” each summer, according to the local tourist board, which says most have cancelled for the upcoming season.
Francesco De Pasquale, the mayor of Carrara, has grown weary of the interest in the mega ship. He and the leaders of the Italian Sea Group have issued a joint statement denying Putin is the owner.
But the port also conceded that if the Scheherazade were to be seized, it would be disastrous for the port’s 400 workers who have already invested hundreds of hours and materials in the mega yacht refit. “Inside the yard, 400 direct workers and another 200 work in the related industries,” union leader Gazzoni says.
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