A Fiji court ruled that US authorities could remove the superyacht 'Amadea' following a seven-week legal battle concerning its real owner.
, but then a court of appeals delayed the motion while lawyers for the registered owner, Millemarin Investments, argued it was owned by another Russian oligarch, Eduard Khudainatov.has been in Fiji since April 13 and embroiled in a lawsuit. Fiji today ordered US authorities to take it out of its territorial waters, partly because of the costs involved in maintaining it. The vessel, valued at $300 million, has estimated operating and maintenance costs of about $30 million per year.
The vessel “sailed into Fiji waters without any permit and most probably to evade prosecution by the United States,” it added.Courtesy Imperial Yachts, which is reportedly owned by Khudainatov and has links to Russian President Vladimir Putin, was impounded by police in Italy. “The decision acknowledges Fiji’s commitment to respecting international mutual assistance requests and Fiji’s international obligations,” said Fiji’s Director of Public Prosecutions, Christopher Pryde in a statement.
Pryde added that the court ruled that “issues concerning money laundering and ownership” need to be decided in the originating US court. “The
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