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Will Turkey become haven for sanctioned Russians?

Ankara is facing increasing pressure to comply with sanctions imposed on Moscow and to increase scrutiny on Turkish banks to make sure they don’t violate sanctions.

Bermuda-flagged luxury yacht "My Solaris" belonging to Russian oligarch Roman Abramovich.
Bermuda-flagged luxury yacht My Solaris belonging to Russian oligarch Roman Abramovich sails near the Aegean coastal resort on Bodrum, in Mugla, southwest Turkey, on March 21, 2022. — IHLAS NEWS AGENCY/AFP via Getty Images

The docking of two superyachts belonging to a sanctioned Russian-Israeli oligarch at a resort in southwestern Turkey has reignited debate over the country’s role in illicit financing.

Over the past three days, Roman Abramovich’s Bermuda-registered Eclipse and My Solaris yachts anchored at marinas in Marmaris and Bodrum, respectively, amid international efforts to freeze assets belonging to Russian billionaires with links to Russia’s President Vladimir Putin.

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