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


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

Fiji's High Courtroom on Tuesday dominated that a massive Russian-owned yacht can 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 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 Company via Getty Pictures

But an legal professional who represents Millemarin Investments, the corporate the $325 million ship is registered to, said it is not owned by Kerimov. As an alternative, he argued in court docket that company paperwork traces the ship's possession to Eduard Khudainatov, a former executive at Russia's state-owned Rosneft oil company who has not been sanctioned. 

Kerimov and Khudainatov could not be reached for comment. The corporate intends to enchantment Tuesday's choice.

The Amadea berthed in Fiji on April 13, in accordance with native reports and the maritime analytics web site Marine Site visitors. Soon after, a federal judge authorized 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 couldn't instantly be reached for comment. 

On April 4, the company announced 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.

Laws passed by the House of Representatives on April 27 would allow the U.S. to sell the yacht and other properties value more than $2 million seized from Russian oligarchs so as to fund the Ukrainian war effort. President Joe Biden supports the invoice, which has but to move the Senate.

"We'll seize their yachts, their luxurious properties and other ill-begotten beneficial properties," Biden stated on April 28 at the White House.

Extra Graham Kates
Quelle: www.cbsnews.com

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