Sun. May 5th, 2024
  • South Africa’s government insists it will allow a Russian oligarch to dock his superyacht in Cape Town, despite calls from the city’s mayor to bar it.
  • The vessel, which is on its way from Hong Kong, belongs to Alexei Mordashov, an ally of Russia’s Vladimir Putin who has been sanctioned by the EU and US.
  • The South African government says it is not bound by the sanctions.
  • But Cape Town’s mayor says he has a “moral duty” to oppose Russia’s “unjust war” and has vowed to block the yacht.
  • Mayor Geordin Hill-Lewis is a member of the opposition Democratic Alliance, which has urged the government to seize the 465ft (141m) yacht.
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  • It is not clear how Cape Town officials plan to stop the vessel – called The Nord – from docking.
  • A spokesman for President Cyril Ramaphosa said: “South Africa has no legal obligation to abide by sanctions imposed by the US and EU.”
  • “South Africa’s obligations with respect to sanctions relate only to those that are specifically adopted by the United Nations,” the spokesman, Vincent Magwenya, noted.
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  • Accusing Mr Geordin Hill-Lewis of “grandstanding”, he added: “Municipal governments have no legal control over the country’s borders.”
  • Hong Kong’s government recently offered similar justifications when refusing to prevent the entry of the $521m (£472m) superyacht, with Chief Executive John Lee saying the city would be accountable to UN sanctions.
  • Western countries and their allies have imposed sanctions on more than 1,000 Russian individuals and businesses in response to Russia’s invasion of Ukraine.
  • Mr Ramaphosa’s government has so far avoided directly criticising Russia, abstaining in several UN votes that have expressly condemned the war. Pretoria has also called for a negotiated settlement to end the conflict.
  • As in many other African countries, South Africa’s leadership has ties to Russia dating back to the fight against colonial rule.
  • On Monday, Mr Geordin Hill-Lewis wrote on Twitter that there could be “no place in our city for accomplices to, and enablers of, Putin’s war”.
  • “Our country’s foreign policy conduct in relation to Russia’s illegal, imperialist war has been nothing less than shameful,” he added in a further statement. “Here is an opportunity to correct some of those errors of judgement and stand up for what is clearly right.”
  • The luxury yacht is expected to arrive in Cape Town in the next few weeks, it is not known how long it will be allowed to stay.
  • Prior to the war, Mr Mordashov was Russia’s wealthiest man. The 57-year-old built a fortune of some $29.1bn (£25.92bn) through his steel and mining company Severstal.
  • Early in the conflict he was targeted by extensive Western sanctions because of his links with Mr Putin. But the billionaire says he is not involved in Russian politics.
  • Mr Mordashov has already lost one of his smaller vessels, the Lady M, to Western sanctions after it was seized by Italian police in March.
  • But The Nord is believed to be his biggest yacht. Forbes magazine describes it as one of the world’s most extravagant boats.
  • Shortly after the outbreak of the conflict in Ukraine, the yacht – which features two helicopter pads, a swimming pool and a cinema – left the Seychelles for the far-eastern Russian port of Vladivostok. The move was seen as a bid to avoid the fate of the Lady M.
  • But experts say owners like Mr Mordashov face serious issues finding international ports capable of maintaining superyachts. Most are in Europe, where the vessels would be instantly seized.

By Joy

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