The Russian sailing ship Nadezhda has been arrested in the South Korean port of Pusan. The vessel was to leave the port at 6 a.m. Moscow time. The arrest was initiated by one of the international insurance groups registered in the Bermudas. This firm accuses the Far Eastern Maritime State University, which owns the sailing ship, of not paying $60,000 in debts, NTV television reported. The decision to lift the arrest can be made by a municipal court after 24 hours since the arrest was made.
There are 160 crewmembers on board the ship. The majority of them are cadets of the university.
Nadezhda is planned to come to Vladivostok on March 28.
Russian President Vladimir Putin announced a possibility of a real revolution that may happen in world economy in the coming years to put an end to the monopoly of large Western banks