US seize Russian superyacht after winning legal battle

US seize Russian superyacht after winning legal battle

Wellington, New Zealand - The United States won a legal battle on Tuesday to seize the Russian-owned $325 million superyacht Amadea, in Fiji; took command of the vessel in an hour or two and sailed it away from the South Pacific nation.

The court ruling represented a significant victory for the U.S. as it encounters obstacles in its attempts to seize the assets of Russian oligarchs around the world. Some of these actions have tested the limits of American jurisdiction abroad.

Kumar said he accepted arguments that keeping the superyacht berthed in Fiji at Lautoka harbor was “costing the Fijian government dearly.”

“The fact that U.S. authorities have undertaken to pay costs incurred by the Fijian government is totally irrelevant,” the judge found. He said the Amadea “sailed into Fiji waters without any permit and most probably to evade prosecution by the United States of America.”

It wasn’t immediately clear where the U.S. intended to take the Amadea, which the FBI has linked to the Russian oligarch Suleiman Kerimov.

The ship became a target of Task Force KleptoCapture, launched in March to seize the assets of Russian oligarchs to put pressure on Russia to end the war.

The 106-meter (348-foot) -long vessel, about the length of a football field, features a live lobster tank, a hand-painted piano, a swimming pool and a large helipad.

Kerimov made a fortune investing in Russian gold producer Polyus, with Forbes magazine putting his net worth at $14.5 billion. The U.S. first sanctioned him in 2018 after he was detained in France and accused of money laundering there, sometimes arriving with suitcases stuffed with 20 million euros.

Khudainatov is the former chairman and chief executive of Rosneft, the state-controlled Russian oil and gas company.
-AP

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