$300M luxury yacht owned by oligarch seized in Fiji

CNN published this video item, entitled “$300M luxury yacht owned by oligarch seized in Fiji” – below is their description.

US officials announced the seizure of a $300 million yacht belonging to a Russian oligarch close to Putin, its second yacht seizure in recent weeks. CNN’s Kara Scannell has more. #CNN #News

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About This Source - CNN

The video item below is a piece of English language content from CNN. CNN is an American news-based pay television channel owned by CNN Worldwide, a unit of the WarnerMedia News & Sports division of AT&T-owned WarnerMedia. CNN was founded in 1980 by American media proprietor Ted Turner as a 24-hour cable news channel.

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In This Story: Fiji

Fiji, officially the Republic of Fiji, is an island country in Melanesia, part of Oceania in the South Pacific Ocean about 1,100 nautical miles (2,000 km; 1,300 mi) northeast of New Zealand. Fiji consists of an archipelago of more than 330 islands—of which about 110 are permanently inhabited—and more than 500 islets, amounting to a total land area of about 18,300 square kilometres (7,100 sq mi). The most outlying island is Ono-i-Lau. 87% of the total population of 883,483 live on the two major islands, Viti Levu and Vanua Levu.

Humans have lived in Fiji since the second millennium BC—first Austronesians and later Melanesians, with some Polynesian influences. A military government declared a Republic in 1987 following a series of coups d’état.

Fiji has one of the most developed economies in the Pacific through its abundant forest, mineral, and fish resources. The currency is the Fijian dollar, with the main sources of foreign exchange being the tourist industry, remittances from Fijians working abroad, bottled water exports, and sugar cane.

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In This Story: Putin

Vladimir Vladimirovich Putin is a Russian politician and a former officer of the KGB who has served as President of Russia since 2012, previously holding the position from 1999 until 2008. He was also the Prime Minister of Russia from 1999 to 2000 and again from 2008 to 2012.

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In This Story: Vladimir Putin

Vladimir Putin is a Russian politician and a former intelligence officer who has served as President of Russia since 2012, previously being in the office from 1999 until 2008. He was also Prime Minister of Russia from 1999 to 2000 and again from 2008 to 2012.

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