US EditionUS Puts Seized Superyacht Amadea Up for Auction
UNITED STATES, AUG 05 – The superyacht Amadea, seized under sanctions against Russian oligarchs, is expected to sell at a $10 million minimum bid after $32 million spent on maintenance by U.S. authorities.
- The U.S. government opened sealed bidding until September 10 with a $10 million deposit for the 348-foot superyacht Amadea, held by U.S. Marshals in San Diego.
- The Amadea was seized in Fiji in April 2022 under Operation KleptoCapture, a DOJ task force launched that year to target assets of sanctioned oligarchs since 2018 for ties to Vladimir Putin.
- The U.S. federal agencies incurred approximately $32 million in maintenance, storage and transport costs for the Amadea, which features eight staterooms, 16 guests and 36 crew.
- District Judge Dale Ho dismissed Eduard Khudainatov’s claim in March, clearing the way for Fraser Yachts to promote the sale and National Maritime Services to conduct the auction.
- U.S. Congress passed legislation last year allowing sale of seized Russian assets, and then-Deputy Attorney General Lisa O. Monaco said enforcement would target sanctions violators involved in Russia’s war in Ukraine.
246 Articles
246 Articles
Under US sanctions, Vladimir Putin's close friend had his 106-metre-long ship seized, estimated at $300 million, at the beginning of the war in Ukraine. In France, he was targeted by an investigation into a tax agreement obtained in 2019.
The United States is now auctioning the first in a series of ships seized from Russian oligarchs subject to sanctions.
The yacht Amadea, former property of a Russian oligarch estimated at 300 million dollars, will be auctioned in the United States. It had been confiscated in 2022 as a result of American sanctions for invasion...
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