Belgium Slaps Hefty Bail on Seized Russian Oil Tanker
Belgium has set a 10 million euro bail for the Russian oil tanker Ethera, seized due to suspicions of operating under a false flag and using false documents. The tanker is part of the Russian shadow fleet, according to Belgian Defence Minister Theo Francken. Current exchange rate: $1 = 0.8631 euros.
- Country:
- Belgium
Belgian authorities have imposed a 10 million euro bail on the Russian oil tanker Ethera, which was seized over the weekend, the government announced on Tuesday.
The tanker, a part of the Russian shadow fleet, is suspected of operating under false pretenses, carrying a false flag and false documents, stated Belgian Defence Minister Theo Francken.
This move marks a significant step in Belgium's efforts to counteract fraudulent activities at sea. The current exchange rate pegged the bail amount at approximately $11.59 million.
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