US Auctions Seized Russian Superyacht Amidst Ownership Battle
The United States is auctioning the luxurious Amadea superyacht, seized due to alleged connections with Russian oligarch Suleiman Kerimov, amidst ongoing disputes over its true ownership. Eduard Khudainatov, claiming ownership, calls the sale improper as legal challenges loom. The auction symbolizes US efforts to pressure Putin over the Ukraine conflict.
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- United States
The United States is set to auction the luxury superyacht Amadea, estimated to be worth USD 325 million, marking the first sale of a seized Russian superyacht since Russia's full-scale invasion of Ukraine. The auction aims to increase pressure on Russian President Vladimir Putin to end the conflict.
The yacht, custom built by German company Lürssen in 2017, has been docked in San Diego and was seized amid allegations of ownership ties to Russian oligarch Suleiman Kerimov. Eduard Khudainatov claims ownership, leading to a contentious legal battle over the yacht's true ownership.
Despite litigation concerns, the sealed bid auction requires a 10 million euro deposit and is set to close on September 10. This move by the US reflects a broader strategy of leveraging seized assets to exert pressure on Russia amidst ongoing geopolitical tensions.
(With inputs from agencies.)
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