The Russian superyacht, Tango, which is moored at the Real Club Nautico in Palma. Inset: Viktor Felixovich Vekselber a Ukrainian-born Russian–Cypriot billionaire, and businessman. | Majorca Daily Bulletin reporter

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The Spanish authorities have seized the Russian superyacht, Tango, which is moored at the Real Club Nautico in Palma. The vessel is being searched by police at the moment. Members of the FBI are also involved in the search operation.

Tango is owned by Viktor Felixovich Vekselber a Ukrainian-born Russian–Cypriot billionaire, and businessman. He has an estimated wealth of 10 billion dollars and is said to be a close friend of Russian friend Vladamir Putin.Vekselberg is chairman of Renova, the investment group that has a stake in United Co. Rusal, Russia's biggest aluminum producer. The Bahamas-based company also owns shares in equipment makers Sulzer and Oerlikon. He owns regional airports in Russia and sold 12.5% of a Russian oil venture for $7 billion in 2013.

PALMA - LLEGADA A PALMA DEL YATE

TANGO is a 77.7 m Motor Yacht, built in Netherlands by Feadship and delivered in 2011. Her top speed is 21.0 kn and her cruising speed is 15.0 kn and her power comes from four MTU diesel engines. She can accommodate up to 14 guests in 7 staterooms, with 22 crew members.

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She has been moored in Palma for a considerable period of time. Last month the Spanish authorities seized another Russian owned yacht in Puerto Adriano.