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A Russian oligarch’s $325M superyacht has been seized in Fiji : NPR

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The superyacht Amadea is docked on the Queens Wharf in Lautoka, Fiji, on April 15. The vessel, which U.S. authorities say is owned by a Russian oligarch beforehand sanctioned for alleged cash laundering, has been seized by legislation enforcement in Fiji, the U.S. Justice Division introduced Thursday.

Leon Lord/Fiji Solar through AP, File


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Leon Lord/Fiji Solar through AP, File


The superyacht Amadea is docked on the Queens Wharf in Lautoka, Fiji, on April 15. The vessel, which U.S. authorities say is owned by a Russian oligarch beforehand sanctioned for alleged cash laundering, has been seized by legislation enforcement in Fiji, the U.S. Justice Division introduced Thursday.

Leon Lord/Fiji Solar through AP, File

WASHINGTON — A superyacht that American authorities say is owned by a Russian oligarch beforehand sanctioned for alleged cash laundering has been seized by legislation enforcement in Fiji, the U.S. Justice Department introduced Thursday.

A choose in Fiji earlier within the week permitted U.S. authorities to grab the yacht Amadea — value $325 million — but in addition put his order briefly on maintain whereas protection legal professionals mounted a problem.

The Justice Division stated authorities in Fiji, appearing on the request of the USA, have now served a search warrant freezing the yacht, which had earlier been prevented from leaving the South Pacific nation.

American officers say the 348-foot vessel belongs to Suleiman Kerimov, an economist and former Russian politician who was sanctioned by the U.S. Treasury Division in 2018 and has confronted additional censure from Canada, Europe, Britain and different nations after Russia invaded Ukraine.

Kerimov made a fortune investing in Russian gold producer Polyus, with Forbes journal placing his internet value at $14.5 billion.

Protection legal professionals had claimed the yacht truly belonged to a different Russian oligarch.

In an utility in assist of the search warrant, an FBI agent wrote that there was possible trigger to imagine that Kerimov had owned the Amadea since 2021. The vessel, which is flagged within the Cayman Islands, had turned off its automated info system on Feb. 24, the day Russia launched its invasion of Ukraine.

The Justice Division stated the seizure was coordinated by its KleptoCapture task force, which was created in March to grab property belonging to sanctioned Russian oligarchs. In April, the Justice Division seized a 254-foot yacht in Spain owned by an oligarch, Viktor Vekselberg, with shut ties to Russian President Vladimir Putin.

In an announcement, Lawyer Normal Merrick Garland stated the newest seizure “ought to clarify that there isn’t a hiding place for the property of people who violate U.S. legal guidelines. And there’s no hiding place for the property of criminals who allow the Russian regime.”

The Justice Division stated the yacht is now in Lautoka, Fiji.

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