Superyacht Owned by Sanctioned Russian Billionaire Now Faces Forfeiture
The 348-foot Amadea arriving at the Honolulu Harbor in 2022.
Photographer: Eugene Tanner/AFP/Getty Images
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The US moved closer to auctioning off sanctioned Russian billionaire Suleiman Kerimov’s superyacht, one of the most glittering prizes in its asset seizure efforts, after a judge ruled that a second Russian who claims ownership has no legal standing in the case.
Monday’s ruling that the US has won forfeiture of the boat comes after a legal fight over the 348-foot (106-meter) Amadea, following a Biden administration program to target wealthy Russians linked to President Vladimir Putin’s war on Ukraine.