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You are here News Of Special Interest US moves to seize $350M plane from Russian oligarch

US moves to seize $350M plane from Russian oligarch

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Boeing dreamliner

U.S. authorities moved Monday to seize a $350 million Boeing jet believed to be one of the world’s most expensive private airplanes from Russian oligarch Roman Abramovich.

A federal magistrate judge signed a warrant authorizing the seizure of the Boeing 787 Dreamliner that authorities said was worth less than $100 million before a lavish customization. The warrant also authorized seizure of a $60 million Gulfstream jet.

An FBI agent wrote in an affidavit that the planes are subject to seizure because they had been moved between March 4 and March 15 without licenses being obtained, in violation of sanctions placed against Russia. According to the affidavit, Abramovich controlled the Gulfstream through a series of shell companies. The plane is believed to have been in Moscow since March 15.

The Boeing is believed to be in Dubai, United Arab Emirates, following a roundtrip March 4 flight from Dubai to Moscow, the affidavit said.

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