U.S. Seeks To Seize $300 Million Yacht From Putin-Allied Russian Oligarch
The United States filed a civil forfeiture complaint for the Amadea, a 348-foot yacht owned by sanctioned Russian oligarch Suleiman Kerimov. The Department of Justice argued the $300 million yacht is forfeitable since it was “improved and maintained” in violation of sanctions against Kerimov and his allies. Kerimov has been identified as a strong ally of Russian President Vladimir Putin. Kerimov is alleged to have arranged to purchase the yacht in September 2021, after sanctions were imposed, through “a series of transfers between shell companies designed to conceal his ownership of the yacht....