U.S. Brings Civil Forfeiture Complaint against $300M Superyacht of Russian Oligarch

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Friday, November 3, 2023
Author: 
Bruce Zagaris
Volume: 
39
Issue: 
12
Abstract: 

On October 23, 2023, the United Staes Department of Justice brought a civil forfeiture complaint in the U.S. District Court for the Southern District of New York against the motor yacht Amadea, a 348-foot luxury vessel reportedly worth more than $300 million whose beneficial owner is the sanctioned Russian oligarch Suleiman Kerimov.  In 2022, the Fiji government seized it at the request of the U.S.