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Oil billionaire's 217-ft yacht being seized by Goldman Sachs
short by Mansha Mahajan / on Saturday, 12 August, 2017
Oil billionaire William Kallop is having his 217-foot yacht 'Natita' seized by Goldman Sachs for failing to pay a $32 million (₹205 crore) loan. Kallop used the yacht, featuring a movie theatre and helipad, as collateral for the loan in 2014. Goldman claimed Kallop stopped repaying the loan following which it filed a suit and was awarded the boat.
read more at Fortune