Wash Post:
The $300 million superyacht owned by Russian oligarch Suleyman Kerimov was seized Thursday by Fijian authorities on behalf of the United States as part of the ongoing efforts to sanction and punish Russia’s elite in response to the invasion of Ukraine.
On Friday, Italian financial authorities said they have frozen a $700 million megayacht that has been linked in media reports and by anti-Kremlin groups to Russian President Vladimir Putin. The Justice Department announced that Fiji executed a seizure warrant on the Amadea, a 348-foot-long luxury vessel that authorities say was “subject to forfeiture based on probable cause of violations of U.S. law.” Kerimov, one of Russia’s wealthiest individuals, who built his fortune in gold mining and is a political ally of Putin’s, has been identified by the U.S. Treasury Department as an official of the government of the Russian Federation and a member of the Russian Federation Council.