Oligarch Yacht Auction: The boat has arrived in the USA

A confiscated $300 million luxury yacht believed to belong to a Russian oligarch arrived in San Diego on Monday under an American flag. The 106-meter Amadea, which belongs to Russian billionaire Suleiman Karimov, according to the United States, set off from Hawaii, where it docked after arriving in the Fiji Islands.

And the US Department of Justice announced on Twitter, Monday, that “Amadea” remains in the custody of the US government “until it may be confiscated and sold.” The Fiji Supreme Court had previously ruled that the United States could confiscate the yacht.

The transfer of the Amadea was coordinated by the US Department of Justice’s Klepto Capture Task Force, which was formed in March. It is supposed to impose sanctions and export restrictions aimed at isolating Russia from world markets.

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Amadea has Gym, beauty salon, bar, glass lift, infinity pool and helipad. The Department of Justice estimates annual operating costs at between $25 million and $30 million.

Sanctions have been imposed on Karimov by the United States, the European Union, and the United Kingdom. The European Union said in March that Karimov was “a member of the inner circle of the oligarchs” close to Russian President Vladimir Putin.

Karimov, according to Bloomberg Billionaires Index With a net worth of $13.4 billion.

This article was translated from the English by Ben Peters. You can find the original over here.