Billionaire toys seized from Russian oligarchs are costing taxpayers dearly as countries fail to sell them

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Billionaire toys seized from Russian oligarchs are costing taxpayers dearly as countries fail to sell them
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Countries across the globe are struggling to sell assets seized from Russian oligarchs, but their taxpayers are footing the bill for upkeep in the meantime.

FOX News contributor and former CIA station chief Daniel Hoffman joined ‘Cavuto: Coast to Coast’ to discuss the national security implications of Kim Jong Un and Putin’s recent meeting.

Taxpayers in the country of Antigua and Barbuda are paying $28,000 a week to keep mold out of the Alfa Nero, a $120 million yacht seized from Russian billionaire Andrey Grigoryevich Guryev. Western sanctions have successfully removed assets from manyTo date, Ukraine has received just $5.4 million in funds acquired from the sale of oligarchs' billionaire toys.

The superyacht Alfa Nero docked in Falmouth Harbour in Saint Paul Parish, Antigua. It's been more than a year since the Russian superyacht Alfa Nero all 267 feet and 2,500 gross tons of it was abandoned in Falmouth Harbour, Antigua.

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