Otago Daily Times

Court in Fiji rules Russian superyacht may be seized

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SYDNEY: A Fiji court yesterday ruled that the United States can seize a Russianown­ed superyacht, media reported, 21 days after the luxury vessel

Amadea had arrived in the Pacific island nation and was detained by police.

US authoritie­s assert Amadea is ultimately owned by Russian oligarch Suleiman Kerimov, who has been sanctioned by the US and the European Union.

The US Justice Department’s

Taskforce KleptoCapt­ure has focused on seizing yachts and other luxury assets to put the finances of Russian oligarchs under strain.

Fiji’s High Court ruled it would grant an order to register a US seizure warrant, Fiji Broadcasti­ng Corp reported.

Media reported that lawyers for Amadea said they would seek an interim stay to stop the vessel being towed away. — Reuters

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