Russian tycoon suing UK government for return of £38m superyacht

Sergei Georgievich Naumenko, who is not on sanctions list, is also seeking damages in hight court claim

A Russian tycoon is suing the UK government over the seizure of his £38m superyacht in London shortly after Russia’s invasion of Ukraine last year.

Sergei Georgievich Naumenko, a property developer who is not on the UK’s Russia sanctions list, has filed a high court claim against the Department for Transport (DfT) demanding it free his 58.5-metre (192ft) long superyacht Phi and pay damages.