Luxury yacht ‘Scheherazade’ with an estimated worth over Rs 525 crore, is thought to belong to the Russian President Vladimir Putin. The yacht has come under the scanner even as it lies anchored at an Italian marina. Russian opposition leader Alexei Navalny has once indicated that the yacht might belong to the Russian President. Its crew members are drawn from the Russian Federal Security Force (FSO), the same force that secures Putin’s luxury villa off the Black Sea coast in Sochi. So far, about $17 billion in assets thought to belong to 34 oligarchs close to Putin have been processed and are ready to be seized though the super-rich Russian President himself is believed to own hidden assets worth about $100 billion. As Putin emerged last week in a blue, knee-length Rs 10.5 lakh Italian designer coat and roll neck sweater worth Rs 3 lakh at a public rally to celebrate the 8th anniversary of Russia’s annexure of Crimea, there were clear signs of the many fine things that Putin fancies. Scheherazade is said to be the world’s most expensive superyacht whose owner has not been identified. With six decks and two helicopter landing areas, spa, sauna, gym and golden fittings in toilets, the yacht drips with luxury that adorns Putin, whose official salary is Rs 70 lakhs a year.