US is considering selling seized Russian luxury yacht Her owner wants to put a stop to this – and gives the criminal authorities a chance.
US wants to sell Russian oligarch's seized yacht This was reported by the American television channel CNN. Accordingly, the Federal Public Prosecutor's Office has now asked the judge to allow the transfer of the vessel to the buyer as the maintenance costs of the luxury yacht “Amadea” are too high. The US Marshall Service estimates their market value at about 230 million US dollars (about 210 million euros).
According to court filings, the maintenance costs, including insurance, are about $922,000 (about 845,000 euros) per month. “Taxpayers paying nearly $1 million each month to maintain Amadia is 'exorbitant,'” lawyers filed earlier this month, when those costs could be reduced to zero through pre-sales.
The luxury yacht is owned by the oligarch Kerimo
The luxury yacht is owned by Russian oligarch Suleiman Kerimov. Washington already added it to its sanctions list in 2018 for money laundering. It was sanctioned by the European Union and other states in 2022, following Russia's war of aggression against Ukraine. The luxury yacht was finally seized in the Fiji Islands months after the war against Ukraine began.
Kerimov has now filed an objection to the sale of his luxury yacht with the US federal prosecutor's office, CNN reported. Accordingly, he ordered the authorities to reimburse the United States for maintenance costs incurred for “Amadea”. However, a decision could take months, the broadcaster writes, citing attorneys general — and costs to taxpayers could continue to rise during this time.
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