Court in Fiji approves U.S. warrant to seize Russian-owned mega-yacht
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2022-05-06 21:00:18
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Fiji's High Court on Tuesday dominated that a massive Russian-owned yacht could be seized by U.S. authorities.
American and Fijian officers claim the Cayman Islands-flagged Amadea is the property of Suleiman Kerimov, an oligarch who constructed his fortune on gold mining. Kerimov was sanctioned in March by the United States, United Kingdom and European Union in response to the Russian invasion of Ukraine.
The tremendous luxurious yacht Amadea, one of many largest yachts in the world, is seen anchored in Turkey on February 18, 2020. Osman Uras/Anadolu Agency by way of Getty PhotographsBut an legal professional who represents Millemarin Investments, the company the $325 million ship is registered to, mentioned it's not owned by Kerimov. Instead, he argued in courtroom that corporate paperwork traces the ship's ownership to Eduard Khudainatov, a former govt at Russia's state-owned Rosneft oil firm who has not been sanctioned.
Kerimov and Khudainatov could not be reached for remark. The company intends to enchantment Tuesday's determination.
The Amadea berthed in Fiji on April 13, according to native experiences and the maritime analytics web site Marine Site visitors. Soon after, a federal judge approved a warrant for the ship to be seized and on April 19, Fiji's prime prosecutor moved to prevent the ship from leaving.
The Department of Justice couldn't immediately be reached for comment.
On April 4, the company introduced that Spanish authorities had assisted it in seizing one other Russian yacht, the $90 million Tango, which was owned by Viktor Vekselberg, the proprietor of the Russian conglomerate Renova Group.
Legislation passed by the Home of Representatives on April 27 would enable the U.S. to sell the yacht and different properties value more than $2 million seized from Russian oligarchs in order to fund the Ukrainian battle effort. President Joe Biden helps the invoice, which has but to go the Senate.
"We will seize their yachts, their luxurious houses and different ill-begotten good points," Biden said on April 28 at the White Home.
More Graham KatesQuelle: www.cbsnews.com