$300 Million Superyacht Amadea Faces Civil Forfeiture Complaint for Sanctions Evasion
The United States Attorney for the Southern District of New York has filed a civil forfeiture complaint against the luxury superyacht Amadea, valued at over $300 million, alleging that it was improved and maintained in violation of sanctions against its beneficial owner, Russian oligarch Suleiman Kerimov. The complaint claims that the yacht is subject to forfeiture based on violations of U.S. law, including the International Emergency Economic Powers Act and money laundering. The U.S. government currently has control of the Amadea in San Diego, California, following its seizure by Fijian authorities.