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You are here News International Superyacht Reportedly Owned By Russian Oligarch Is Seized In Fiji

Superyacht Reportedly Owned By Russian Oligarch Is Seized In Fiji

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Superyacht seized in FijiA superyacht that American authorities say is owned by a Russian oligarch previously sanctioned for alleged money laundering has been seized by law enforcement in Fiji, the U.S. Justice Department announced Thursday.

A judge in Fiji earlier in the week permitted U.S. authorities to seize the yacht Amadea — worth $325 million — but also put his order temporarily on hold while defense lawyers mounted a challenge.

The Justice Department said authorities in Fiji, acting at the request of the United States, have now served a search warrant freezing the yacht, which had earlier been prevented from leaving the South Pacific nation.

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