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Stories about: amadea

Seized Russian Oligarchs’ Superyachts Are in for a Very Expensive “Legal Purgatory”
Seized Russian Oligarchs’ Superyachts Are in for a Very Expensive “Legal Purgatory”

22 Nov 2022, 03:23 UTC · By: Otilia Drăgan / The infamous Amadea is currently costing U.S. taxpayers around $10 million per year, and the future isn't looking any better

 
A New Wave of Russian Superyachts Seizures Is Coming, U.S. Authorities Say
A New Wave of Russian Superyachts Seizures Is Coming, U.S. Authorities Say

14 Nov 2022, 03:20 UTC · By: Otilia Drăgan / The director of the US KleptoCapture Task Force sends an aggressive message to the sanctioned Russian oligarchs, warning that their superyachts are not safe

 
Seized $325 Million Amadea Megayacht Relocated Because It Attracts Too Much Attention
Seized $325 Million Amadea Megayacht Relocated Because It Attracts Too Much Attention

29 Aug 2022, 05:42 UTC · By: Elena Gorgan / Amadea is owned by sanctioned Russian oligarch Suleiman Kerimov but was seized in Fiji in April, and has since become U.S. property

 
U.S. Authorities Seized What Could Be a Multimillion-Dollar Rare Masterpiece from Amadea
U.S. Authorities Seized What Could Be a Multimillion-Dollar Rare Masterpiece from Amadea

22 Jul 2022, 04:41 UTC · By: Otilia Drăgan / The U.S. authorities found and seized not just incriminating evidence on board the infamously seized Amadea, but also what could be an ultra-rare masterpiece.

 
Seized $325 Million Superyacht Amadea Arrives in Hawaii, Is U.S. Taxpayers’ Problem Now
Seized $325 Million Superyacht Amadea Arrives in Hawaii, Is U.S. Taxpayers’ Problem Now

18 Jun 2022, 04:04 UTC · By: Elena Gorgan / After a lengthy and highly-mediated court battle, Amadea is now fully under U.S. control after arrest in Fiji in April, under current sanctions against Russia

 
The Infamous Amadea With U.S. Marshals On Board Sailing to an Unusual Destination
The Infamous Amadea With U.S. Marshals On Board Sailing to an Unusual Destination

14 Jun 2022, 00:55 UTC · By: Otilia Drăgan / The spectacular Amadea will become a symbol of the U.S. fight against Russian oligarchs, but its thrilling saga isn't over. Where are authorities taking it?

 
Russian Gold Tycoon’s $300M Superyacht Amadea Will Finally Leave Fiji Waters
Russian Gold Tycoon’s $300M Superyacht Amadea Will Finally Leave Fiji Waters

7 Jun 2022, 13:02 UTC · By: Monica Coman / The Amadea superyacht has had so many twists and turns these past few months and is now to officially leave Fiji waters.

 
The $325M Elusive Superyacht Amadea Slips Through the Fingers of U.S. Authorities
The $325M Elusive Superyacht Amadea Slips Through the Fingers of U.S. Authorities

3 Jun 2022, 00:54 UTC · By: Otilia Drăgan / It's hard to believe, but this massive superyacht turns out to be impossible to move, metaphorically of course. Authorities still can't whisk it away

 
The Crew On Board Russian Gold Tycoon’s Superyacht Refused to Sail With U.S. Authorities
The Crew On Board Russian Gold Tycoon’s Superyacht Refused to Sail With U.S. Authorities

1 Jun 2022, 00:43 UTC · By: Otilia Drăgan / "Seize me if you can" - the cat-and-mouse game between the now-infamous Amadea superyacht in Fiji and the U.S. authorities seems to be never-ending

 
The U.S. Will Sail the Seized $325 Million Amadea Superyacht Within Days
The U.S. Will Sail the Seized $325 Million Amadea Superyacht Within Days

28 May 2022, 04:09 UTC · By: Elena Gorgan / The Fiji Court of Appeal dismissed an appeal to halt the seizure, which means Amadea is now U.S. property and will have to leave the island

 
Superyacht Amadea Is Too Expensive for Fiji, at $1 Million a Week in Maintenance Costs
Superyacht Amadea Is Too Expensive for Fiji, at $1 Million a Week in Maintenance Costs

14 May 2022, 04:03 UTC · By: Elena Gorgan / Fiji authorities want the controversial megayacht gone because it costs too much to maintain it. Amadea has been stuck there since it was arrested in April

 
The U.S. Can’t Sell Seized Billionaires’ Superyachts (Yet), So They’re Floating Money Pits
The U.S. Can’t Sell Seized Billionaires’ Superyachts (Yet), So They’re Floating Money Pits

10 May 2022, 07:50 UTC · By: Elena Gorgan / The difference between a floating palace and a floating money pit is in the lack of a legal framework and precedents for the sale of seized assets of this kind

 
Billionaire Owner of $325M Amadea Spent Over $500K on Fuel Trying to Flee Sanctions
Billionaire Owner of $325M Amadea Spent Over $500K on Fuel Trying to Flee Sanctions

8 May 2022, 09:00 UTC · By: Elena Gorgan / Megayacht Amadea has been detained in Fiji for weeks, and holds the record for longest and most expensive trip trying to avoid sanctions

 
The U.S. Has to Pay $30 Million in Annual Running Costs for Seized Amadea Megayacht
The U.S. Has to Pay $30 Million in Annual Running Costs for Seized Amadea Megayacht

8 May 2022, 05:45 UTC · By: Elena Gorgan / Once the appeal on seizure is heard, the U.S. will move Amadea into territorial waters and may proceed to sell it auction. Until then, it has to pay

 
After a Month of Controversy, Russian Gold Magnate’s Superyacht Snatched by the U.S.
After a Month of Controversy, Russian Gold Magnate’s Superyacht Snatched by the U.S.

4 May 2022, 01:02 UTC · By: Otilia Drăgan / After Tango, another stunning superyacht is captured by the U.S. after it had crossed the Pacific thinking it would be safe and after a controversial lawsuit

 
The U.S. Can’t Figure Out Who Really Owns the $325M Amadea, Police Forces Still on Board
The U.S. Can’t Figure Out Who Really Owns the $325M Amadea, Police Forces Still on Board

29 Apr 2022, 01:50 UTC · By: Otilia Drăgan / The U.S. can't get its paws on the megayacht of a sanctioned Russian billionaire because of a mind-boggling ownership dispute

 
Russian Gold King’s Megayacht Trapped in Fiji as the U.S. Is Trying to Seize It
Russian Gold King’s Megayacht Trapped in Fiji as the U.S. Is Trying to Seize It

20 Apr 2022, 07:53 UTC · By: Elena Gorgan / Amadea, the Lurssen megayacht that tried to flee to safety, is now in limbo in Fiji, where local and U.S. authorities are trying to impound it

 
Russian Gold Tycoon’s Megayacht Crossed the Ocean for Nothing, Its Crew Detained in Fiji
Russian Gold Tycoon’s Megayacht Crossed the Ocean for Nothing, Its Crew Detained in Fiji

15 Apr 2022, 03:39 UTC · By: Otilia Drăgan / The giant and ultra-luxurious Amadea apparently won't be arriving in Russia. After 18 days on the Ocean, its crew was detained in Fiji, its fate still unknown

 
Russian Gold Tycoon’s Stunning Megayacht Is Crossing the Pacific, but Not for Pleasure
Russian Gold Tycoon’s Stunning Megayacht Is Crossing the Pacific, but Not for Pleasure

12 Apr 2022, 03:20 UTC · By: Otilia Drăgan / One of the most stunnning superyachts ever built, worth hundreds of millions of dollars, Amadea is currently embarked on an unusual ocean crossing