US Files Case to Seize $300 Million Superyacht Allegedly Owned by Russian Oligarch

US Files Case to Seize $300 Million Superyacht Allegedly Owned by Russian Oligarch

US authorities have initiated legal proceedings to seize a $300 million superyacht allegedly owned by a Russian oligarch. The yacht, known as Amadea, was purchased by billionaire Suleiman Kerimov, who had previously been sanctioned by the US. However, another Russian oligarch, Eduard Khudainatov, claims ownership of the vessel. The superyacht was originally seized by Fiji authorities during the conflict with Ukraine and is now in California. The case underscores the difficulties in determining ownership of complex assets like superyachts with intricate ownership structures. Several other superyachts owned by sanctioned Russian billionaires have also been frozen or seized by Western countries.