Russian oligarch’s seized yacht costs $7 million a year to maintain, U.S says

The U.S government said it is spending more than US$7 million a year to maintain a superyacht it seized from a sanctioned Russian oligarch, and urged a judge to let it auction the vessel before a dispute over its

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Amadea seizure shows Russian oligarchs you ‘cannot hide’ says U.S. authorities

The U.S. Justice Department says the seizure of the Russian luxury yacht, the Amadea in Fiji is a lesson to anyone trying to violate U.S. laws, and that they cannot hide “even in the remotest part of the world”. The

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Fiji court rules U.S can seize Russian superyacht Amadea

Fiji’s high court has ruled that the U.S government can seize the ‘Amadea‘, a superyacht docked at the Fijian port of Lautoka since 13 April. The Amadea is believed to be owned by Suleiman Kerimov, a

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