US police win a court battle to seize a 106m superyacht alleged to belong to a sanctioned oligarch.
US authorities in their submission had argued that the $300m boat was estimated to cost about $25-30m to keep running per year.He found the vessel had sailed into Fiji waters "without any permit and most probably to evade prosecution by the United States".The superyacht had been docked in Fiji for eight weeks pending the court battle
US authorities first sanctioned Mr Kerimov in 2018 over a slew of money-laundering charges. The Russian has been sanctioned by other nations since, including by the EU block after Russia's invasion of Ukraine.
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