NEW YORK: The United States on Monday (Oct 23) sought the forfeiture of a US$300 million superyacht it says is controlled by billionaire Russian oligarch Suleiman Kerimov, who is under US sanctions.
Authorities in Fiji seized the 106m Amadea yacht pursuant to a US warrant in May 2022 as Washington ramped up sanctions enforcement against people close to Russian President Vladimir Putin, to pressure Moscow to halt its war against Ukraine.
Monday's complaint, filed in federal court in Manhattan, kicks off a potentially long judicial process in which the United States would seek ownership of the yacht, which is docked in San Diego, and then likely auction it and transfer proceeds to Ukraine.He amassed much of his wealth through a stake in Russian gold producer Polyus. Kerimov was sanctioned by the US Treasury Department in 2014 and 2018 in response to Russia's activities in Syria and Ukraine.
Lawyers for the Amadea's owner, Millemarin Investments, told a Fiji court last year that the Amadea was owned not by Kerimov but by former Rosneft chief Eduard Khudainatov, a Russian oligarch who has not been sanctioned.US prosecutors said a Sep 14, 2021, transaction transferring ownership of the Amadea from Millemarin to a newly incorporated company, Errigan Marine, was designed to make it appear that Evgeny Kochman, the president of sanctioned yacht broker Imperial Yachts, owned the yacht.
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