Russia seizes Audemars Piguet watches in apparent retaliation for Swiss sanctions

Timepieces worth millions of dollars were taken by FSB agents in Moscow, according to a Swiss paper

Russian agents seized millions of dollars worth of Audemars Piguet watches in Moscow in an apparent retaliation for Swiss sanctions banning luxury goods exports, Bloomberg reported, citing Swiss newspaper NZZ am Sonntag.

The watches, which can cost more than £700,000 apiece, were seized from the firm’s local premises by agents from Russia’s FSB security service on Tuesday, the newspaper said. It cited independent sources and a confidential Swiss Federal Department of Foreign Affairs memo written for members of parliament that apparently gave details of the raid.

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Source: The Guardian