NSW braces for more rain after a rough night; Sydney’s south-west is under evacuation orders; southern and central coast areas fight the deluge. Follow updates.
Dmitry Pumpyansky’s superyacht once hosted luxury extravaganzas across the Mediterranean for the likes of supermodels and sports stars.
The $US75 million superyacht boasts room for up to 12 guests, with an infinity pool, fitness centre, massage room, cinema and personal chefs.Within weeks, the Russian oligarch’s prized asset will become the first yacht offered up at auction since Vladimir Putin’s invasion of Ukraine. It comes after Mr Pumpyansky was hit with sanctions by both the European Union and Britain in March, as part of an effort to crack down on those with close ties to Mr Putin.
Pumpyansky, who is estimated to be worth £1.8 billion , started his career as a metals trader before setting up global steel pipe manufacturer TMK and investment company Sinara Group. The billionaire stepped back from both companies this year. Liz Truss, the Foreign Secretary, hailed the news, tweeting: “Welcome Gibraltar’s seizure of Dmitry Pumpyansky’s superyacht following UK sanctions.”
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NSW weather: communities brace for flooding as heavy rainfall returns to stateBureau of Meteorology warns of severe weather for Sydney and issues flood warnings for mid-north coast
Read more »
NSW residents brace for heavy rain and flash flooding as 'dangerous' weather system sets inMultiple weather warnings are in place for NSW as a dangerous weather system sets in, bringing heavy rain, the threat of flooding and possible landslips.
Read more »
NSW residents brace for days of rain as ‘dangerous’ system sets inHeavy rains are set to once again batter NSW, with multiple weather alerts in place warning of potential flooding and landslips. 7NEWS
Read more »
NSW rail dispute costing up to $45m a day as it veers towards all-out strikeBreaking: Industrial action across Sydney’s rail network will cost the economy up to $45m a day as the train chaos risks escalating into an all-out strike | Rabe9 Mattonews
Read more »