Magazine names sanctioned Russian billionaires with Manx aircraft

A US business magazine claims to have found three sanctioned Russian billionaires who have Manx-registered aircraft.

Forbes, which is based in New Jersey, says a number of the 16 oligarchs who've been made the subject of international sanctions over the war in Ukraine face having yachts or airplanes frozen.

They include Alisher Usmanov, who owns a private Airbus A340 registered here and which was last seen in Uzbekistan.

Also on its list are Alexey Mordashove, whose Manx-registered Bombardier BD700 was last seen in the Seychelles, and Oleg Deripaska, whose helicopter - last seen in Sweden - is also on the Island's register.