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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 grab Russian-owned mega-yacht
2022-05-06 21:00:18
#Court docket #Fiji #approves #warrant #seize #Russianowned #megayacht

Fiji's High Courtroom on Tuesday dominated that a large Russian-owned yacht could be seized by U.S. authorities.

American and Fijian officials claim 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 USA, 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 earth, 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 isn't owned by Kerimov. As an alternative, he argued in courtroom that company paperwork traces the ship's ownership to Eduard Khudainatov, a former government 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 decision.

The Amadea berthed in Fiji on April 13, according to native reports and the maritime analytics web site Marine Site visitors. Soon after, a federal judge permitted a warrant for the ship to be seized and on April 19, Fiji's prime prosecutor moved to forestall the ship from leaving.

The Department of Justice couldn't instantly be reached for comment. 

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 passed by the House of Representatives on April 27 would permit the U.S. to promote the yacht and other properties worth greater than $2 million seized from Russian oligarchs with a view to fund the Ukrainian battle effort. President Joe Biden supports the bill, which has yet to move the Senate.

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

Extra Graham Kates
Quelle: www.cbsnews.com

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