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Court in Fiji approves U.S. warrant to grab Russian-owned mega-yacht


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Courtroom in Fiji approves U.S. warrant to grab Russian-owned mega-yacht
2022-05-06 21:00:18
#Courtroom #Fiji #approves #warrant #seize #Russianowned #megayacht

Fiji's High Court docket on Tuesday ruled that a large Russian-owned yacht will be seized by U.S. authorities.

American and Fijian officers declare the Cayman Islands-flagged Amadea is the property of Suleiman Kerimov, an oligarch who built his fortune on gold mining. Kerimov was sanctioned in March by the US, United Kingdom and European Union in response to the Russian invasion of Ukraine. 

The super luxury yacht Amadea, one of the largest yachts on the planet, is seen anchored in Turkey on February 18, 2020. Osman Uras/Anadolu Company through Getty Photographs

But an attorney who represents Millemarin Investments, the company the $325 million ship is registered to, stated it's not owned by Kerimov. Instead, he argued in court docket that corporate paperwork traces the ship's ownership to Eduard Khudainatov, a former govt at Russia's state-owned Rosneft oil company who has not been sanctioned. 

Kerimov and Khudainatov couldn't be reached for comment. The company intends to attraction Tuesday's resolution.

The Amadea berthed in Fiji on April 13, in keeping with native studies and the maritime analytics web site Marine Visitors. Quickly after, a federal decide accepted a warrant for the ship to be seized and on April 19, Fiji's prime prosecutor moved to prevent the ship from leaving.

The Division of Justice could not instantly be reached for remark. 

On April 4, the company announced 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 handed by the House of Representatives on April 27 would permit the U.S. to sell the yacht and different properties value greater than $2 million seized from Russian oligarchs with a purpose to fund the Ukrainian conflict effort. President Joe Biden helps the invoice, which has yet to move the Senate.

"We're going to seize their yachts, their luxurious homes and other ill-begotten good points," Biden stated on April 28 on the White Home.

More Graham Kates
Quelle: www.cbsnews.com

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