Leonid Mikhelson

Quick summary on Leonid Mikhelson

Sanctions and Evasion Tactics: 
Leonid Mikhelson’s mega yacht, Ocean Victory, mysteriously disappeared in the Caribbean after he was sanctioned by the U.S. This suggests an attempt to evade asset tracking and restrictions.

Questionable Business Ties: 
As the chairman of Novatek, Mikhelson is deeply involved in Russia’s energy sector, which has been linked to geopolitical conflicts and controversial dealings.

Use of Tax Havens: 
His yacht’s last known direction was toward the Bahamas, a location often associated with asset shielding and financial secrecy. Experts speculate it may have been moved to evade sanctions.

Legal and Financial Troubles: 
Sanctions have frozen his U.S. assets and banned him from doing business with American and UK entities, severely impacting his financial operations and international partnerships.

Oligarch Status and Political Links: 
Mikhelson is frequently labeled as a “Russian oligarch” with close government ties, raising concerns about corruption and political influence in Russia.