Fiji Gives the US Permission to Seize a Superyacht Reportedly Owned by a Russian Billionaire

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Fiji Gives the US Permission to Seize a Superyacht Reportedly Owned by a Russian Billionaire
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Suleiman Kerimov is said to be the owner of the $325 million 'Amadea.'

’s largest gold producer. In 2018, he was sanctioned by the US for being an official of the Russian government, and he was previously accused of money laundering in France, although he beat those charges.

The true owner of the yacht is the topic of some dispute, however. Millemarin Investments is the legal owner on paper, but the US alleges that Kerimov is the beneficial owner. According to Bloomberg, local media have reported that others say the boat belongs to Eduard Khudainatov, the former chairman and CEO of Rosneft, a Russian energy company, who does not appear to have been sanctioned. The vessel’s true owner will likely be decided later in a US court.

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