Fiji Seizes $300M Superyacht Belonging to Russian Oligarch Suleiman Kerimov

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Fiji Seizes $300M Superyacht Belonging to Russian Oligarch Suleiman Kerimov
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The seizure of Suleiman Kerimov’s superyacht is part of a broader effort to take the assets of sanctioned oligarchs as Russia invades Ukraine.

Last month, German authorities said they had seized the world's largest superyacht after official confirmation that the vessel had links to Russian billionaire and business tycoon Alisher Usmanov.that the motor yacht was linked to Usmanov and therefore subject to seizure. Germany's federal police informed European authorities in Brussels the previous day that a thorough investigation found the vessel was owned by Usmanov's sister, Gulbakhor Ismailova.

The yacht, named Dilbar, after Usmanov's mother, extends over 500 feet and is equipped with two helipads and the largest indoor swimming pool ever installed on a private vessel. The Treasury Department estimates that Usmanov's yacht is worth approximately $735 million.

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