A judge in Fiji has ruled that U.S. authorities can seize a Russian-owned superyacht.
FILE - The superyacht Amadea is docked at the Queens Wharf in Lautoka, Fiji, on April 15 2022. A judge in Fiji has ruled that U.S. authorities can seize the Russian-owned superyacht but has put a hold on his order until at least Friday, May 6, while defense lawyers mount a challenge. – A judge in Fiji has ruled that U.S. authorities can seize a Russian-owned superyacht — but has put a hold on his order until at least Friday while defense lawyers mount a challenge.
Suva High Court Justice Deepthi Amaratunga on Tuesday granted an order allowing the U.S. to seize the superyacht after the U.S. had earlier filed a warrant. But the judge has also allowed for a pause while defense lawyers put together their challenge. Kerimov made a fortune investing in Russian gold producer Polyus, with Forbes magazine putting his net worth at $14.5 billion.
On April 19, after the yacht had sailed into Fiji from Mexico, the High Court in Suva ordered that the Amadea not leave Fiji until the merits of the U.S. warrant to seize the vessel were determined. Perhaps reflecting the question over ownership, the court later ordered Fijian prosecutors to amend an original summons, which named just Kerimov, to also include Millemarin Investments Ltd. as a second respondent to the case.
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