Theme:
Light Dark Auto
GeneralTop StoriesPoliticsBusinessEconomyTechnologyInternationalEnvironmentScienceSportsHealthEducationEntertainmentLifestyleCultureCrime & LawTravel & TourismFood & RecipesFact CheckReligion
INTERNATIONAL

US auctions Russian luxury yacht Amadea

The US is auctioning off the seized $325 million Russian superyacht, Amadea, closing September 10th. Seized in 2022 and docked in San Diego, its ownership is disputed between sanctioned Russian oligarch Suleiman Kerimov and Eduard Khudainatov, who claims to be a straw owner. Khudainatov's representative argues the sale is premature and improper, threatening legal action against any buyer. The auction proceeds could potentially aid Ukraine, per a 2024 US aid package.

Prepared by Rachel Morgan and reviewed by editorial team.

Related News

Comments

JQJO App
Get JQJO App
Read news faster on our app
GET