The US Treasury announced a new round of Russian sanctions Thursday aimed at further penalizing the country's elite following the invasion of Ukraine.
In response to the sanctions, an Imperial Yachts spokesperson told Insider the company has been"targeted by numerous unfounded and inaccurate accusations following events that are unrelated to this family owned company and its services." To describe the yachting company as"full service" is not an overstatement, as evidenced by court filings and emails obtained by the Times.