The US government is spending nearly $1 million a month to maintain a luxury superyacht seized from a sanctioned Russian oligarch as part of the Justice Department’s effort to put pressure on the Kremlin.
The 348-foot Amadea was one of the first trophies prosecutors claimed as part of a task force effort to hold Russians friendly to the Kremlin accountable. The superyacht was seized while docked in a port in Fiji in 2022 by local law enforcement officials and the FBI. US prosecutors allege its owner, Suleiman Kerimov, who made his fortune in gold, violated US sanctions by using the US banking system to cover expenses for the vessel. The yacht has been docked in San Diego.
The monthly costs total roughly $600,000 to maintain the yacht, plus $144,000 in insurance, according to court records. With occasional one-off fees to cover dry docking expenses it adds another $178,000 a month, placing the overall bill at $922,000 a month, the records said. Eduard Khudainatov and Millemarin Investments came forward to claim the superyacht. They oppose the sale and said the judge shouldn’t allow it until their motion to dismiss the civil forfeiture complaint is decided.
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