US seizes Russian oligarch’s $325 million superyacht in Fiji

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>The United States won a legal battle on Tuesday to seize a Russian-owned superyacht in Fiji and wasted no time in taking command of the &dollar;325 million-dollar vessel&period;<&sol;p>&NewLine;<p>Within two hours of the verdict&comma; the vessel set sail for the US&period;<&sol;p>&NewLine;<p>The court ruling represented a significant victory for the US as it encounters obstacles in its attempts to seize the assets of Russian oligarchs around the world&period;<&sol;p>&NewLine;<p>While those efforts are welcomed by many who oppose the war in Ukraine&comma; some actions have tested the limits of American jurisdiction abroad&period;<&sol;p>&NewLine;<p>In Fiji&comma; the nation’s Supreme Court lifted a stay order which had prevented the US from seizing the superyacht Amadea&period;<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;<p>Chief Justice Kamal Kumar ruled that based on the evidence&comma; the chances of defence lawyers mounting an appeal that the top court would hear were &OpenCurlyDoubleQuote;nil to very slim”&period;<&sol;p>&NewLine;<p>Mr Kumar said he accepted arguments that keeping the superyacht berthed in Fiji at Lautoka harbour was &OpenCurlyDoubleQuote;costing the Fijian government dearly”&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The fact that US authorities have undertaken to pay costs incurred by the Fijian government is totally irrelevant&comma;” the judge found&period; He said the Amadea &OpenCurlyDoubleQuote;sailed into Fiji waters without any permit and most probably to evade prosecution by the United States of America”&period;<&sol;p>&NewLine;<p>The US removed the motorised vessel within an hour or two of the court’s ruling&comma; possibly to ensure the yacht did not get entangled in any further legal action&period;<&sol;p>&NewLine;<p>Anthony Coley&comma; a spokesman for the US Justice Department&comma; said on Twitter that the superyacht had set sail for the US under a new flag&comma; and that American authorities were grateful to police and prosecutors in Fiji &OpenCurlyDoubleQuote;whose perseverance and dedication to the rule of law made this action possible”&period;<&sol;p>&NewLine;<p>In early May&comma; the Justice Department issued a statement saying the Amadea had been seized in Fiji&comma; but that turned out to be premature after lawyers appealed&period;<&sol;p>&NewLine;<p>It was not immediately clear where the US intended to take the Amadea&comma; which the FBI has linked to the Russian oligarch Suleiman Kerimov&period;<&sol;p>&NewLine;<p>Fiji Director of Public Prosecutions Christopher Pryde said unresolved questions of money laundering and the ownership of the Amadea need to be decided in the US&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The decision acknowledges Fiji’s commitment to respecting international mutual assistance requests and Fiji’s international obligations&comma;” Mr Pryde said&period;<&sol;p>&NewLine;<p>In court documents&comma; the FBI linked the Amadea to the Kerimov family through their alleged use of code names while aboard and the purchase of items such as a pizza oven and a spa bed&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;173921" aria-describedby&equals;"caption-attachment-173921" style&equals;"width&colon; 789px" class&equals;"wp-caption alignnone"><img class&equals;"size-full wp-image-173921" src&equals;"https&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2022&sol;05&sol;FAFCBD89-D802-40F8-A058-CCF4451E38A9&period;jpeg" alt&equals;"" width&equals;"789" height&equals;"524" &sol;><figcaption id&equals;"caption-attachment-173921" class&equals;"wp-caption-text">The US acknowledged that paperwork appeared to show Eduard Khudainatov was the owner of the superyacht but said he was also the paper owner of a second and even larger superyacht&comma; the Scheherazade&comma; which has been linked to Vladimir Putin<&sol;figcaption><&sol;figure>&NewLine;<p>The ship became a target of Task Force KleptoCapture&comma; launched in March to seize the assets of Russian oligarchs to put pressure on Russia to end the war&period;<&sol;p>&NewLine;<p>The 348-foot-long vessel&comma; about the length of an American football field&comma; features a live lobster tank&comma; a hand-painted piano&comma; a swimming pool and a large helipad&period;<&sol;p>&NewLine;<p>Lawyer Feizal Haniff&comma; who represented paper owner Millemarin Investments&comma; had argued the owner was another wealthy Russian who&comma; unlike Mr Kerimov&comma; does not face sanctions&period;<&sol;p>&NewLine;<p>The US acknowledged that paperwork appeared to show Eduard Khudainatov was the owner but said he was also the paper owner of a second and even larger superyacht&comma; the Scheherazade&comma; which has been linked to Russian President Vladimir Putin&period;<&sol;p>&NewLine;<p>The US questioned whether Mr Khudainatov could really afford two superyachts worth a total of more than €1 billion&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The fact that Khudainatov is being held out as the owner of two of the largest superyachts on record&comma; both linked to sanctioned individuals&comma; suggests that Khudainatov is being used as a clean&comma; unsanctioned straw owner to conceal the true beneficial owners&comma;” the FBI wrote in a court affidavit&period;<&sol;p>&NewLine;<p>Court documents say the Amadea switched off its transponder soon after Russia invaded Ukraine and sailed from the Caribbean through the Panama Canal to Mexico&period; It then sailed thousands of miles across the Pacific Ocean to Fiji&period;<&sol;p>&NewLine;<p>The Justice Department said it did not believe paperwork showing the Amadea was next headed to the Philippines&comma; arguing it was really destined for Vladivostok or elsewhere in Russia&period;<&sol;p>&NewLine;<p>The department said it found a text message on a crew member’s phone saying&comma; &OpenCurlyDoubleQuote;We’re not going to Russia” followed by a &OpenCurlyDoubleQuote;shush” emoji&period;<&sol;p>&NewLine;<p>The US said Mr Kerimov secretly bought the Cayman Island-flagged Amadea last year through various shell companies&period;<&sol;p>&NewLine;<p>The FBI said a search warrant in Fiji turned up emails showing that Mr Kerimov’s children were aboard the ship this year and that the crew used code names — G0 for Mr Kerimov&comma; G1 for his wife&comma; G2 for his daughter and so on&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;174162" aria-describedby&equals;"caption-attachment-174162" style&equals;"width&colon; 788px" class&equals;"wp-caption alignnone"><img class&equals;"size-full wp-image-174162" src&equals;"https&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2022&sol;06&sol;63554900-481C-4826-B3A6-58034B5EA74A&period;jpeg" alt&equals;"" width&equals;"788" height&equals;"513" &sol;><figcaption id&equals;"caption-attachment-174162" class&equals;"wp-caption-text">A man stands looking at a building destroyed during attacks&comma; in Borodyanka&comma; on the outskirts of Kyiv&comma; Ukraine<&sol;figcaption><&sol;figure>&NewLine;<p>Mr Kerimov made a fortune investing in Russian gold producer Polyus&comma; with Forbes magazine putting his net worth at &dollar;14&period;5 billion&period; The US first sanctioned him in 2018 after he was detained in France and accused of money laundering there&comma; sometimes arriving with suitcases stuffed with €20 million&period;<&sol;p>&NewLine;<p>Mr Khudainatov is the former chairman and chief executive of Rosneft&comma; the state-controlled Russian oil and gas company&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed3406e9d58">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; 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