Court docket in Fiji approves U.S. warrant to grab Russian-owned mega-yacht
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2022-05-06 21:00:18
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Fiji's High Court docket on Tuesday dominated that a massive Russian-owned yacht can be seized by U.S. authorities.
American and Fijian officials 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 United States, United Kingdom and European Union in response to the Russian invasion of Ukraine.
The super luxurious yacht Amadea, one of the largest yachts in the world, is seen anchored in Turkey on February 18, 2020. Osman Uras/Anadolu Agency via Getty PicturesHowever an legal professional who represents Millemarin Investments, the company the $325 million ship is registered to, said it isn't owned by Kerimov. As a substitute, 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 firm who has not been sanctioned.
Kerimov and Khudainatov couldn't be reached for remark. The corporate intends to attraction Tuesday's determination.
The Amadea berthed in Fiji on April 13, based on local stories and the maritime analytics website Marine Traffic. Quickly after, a federal decide authorised a warrant for the ship to be seized and on April 19, Fiji's high 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 another Russian yacht, the $90 million Tango, which was owned by Viktor Vekselberg, the owner 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 in order to fund the Ukrainian struggle effort. President Joe Biden supports the bill, which has but to cross the Senate.
"We're going to seize their yachts, their luxurious houses and other ill-begotten features," Biden mentioned on April 28 at the White Home.
More Graham KatesQuelle: www.cbsnews.com