The $325 million vessel linked to billionaire Suleiman Kerimov was confiscated in Fiji and will be up for liquidation under U.S. sanctions
The 348-foot Amadea, now sailing under an American flag and manned by an all-new crew, is headed toward the US Hawaiian islands and was last spotted about 160 miles from Honolulu, according to vessel data compiled by Bloomberg and space-based analytics firm Spire Global Inc.
The US alleges that Khudainatov is “being used as a clean, unsanctioned owner” to conceal the Amadea’s true owner. Kerimov is a Russian gold billionaire who was first sanctioned by Washington in 2018, Bloomberg reported last month.Article content “Clearly, the beneficial owners have very deep pockets,” said Benjamin Maltby, a partner at London-based Keystone Law, who specializes in superyacht law. “They do have a lot of money to pay for lawyers and drag these cases out. They’re not going to just give up their superyachts.”
The Amadea, which features a helipad and mosaic-tiled pool, arrived in Lautoka on April 12 after an 18-day journey from Mexico, data compiled by Bloomberg show. Fiji detained the superyacht the following week after the US government requested mutual legal assistance, according to Fiji’s public prosecutions office.Article content
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