US judge denies ex-Rosneft chief's claim to $300m seized superyacht
Briefly

A US judge ruled that Eduard Khudainatov, former chief of Rosneft, cannot claim ownership of the $300 million superyacht Amadea, seized in 2022. This decision strengthens the US Department of Justice's case for forfeiture, to potentially auction the yacht and use the proceeds to aid Ukraine's military under legislation passed by Congress. Prosecutors argued that Khudainatov is a proxy owner for sanctioned billionaire Suleiman Kerimov, underscoring the ongoing tension surrounding Russian assets amid geopolitical hostilities.
Eduard Khudainatov's claim of ownership to the Amadea superyacht was deemed implausible by a US judge, boosting federal prosecutors' push for forfeiture.
The ruling supports the US Department of Justice's efforts to seize significant Russian assets, a measure intertwined with its support for Ukraine amidst ongoing conflict.
The evolving US diplomatic stance and the enforcement of sanctions are critical elements surrounding the ongoing legal battles over Russian assets like the Amadea.
With a potential auction looming, the US aims to transfer seized assets to Ukraine under a law passed by Congress, emphasizing support for its military.
Read at www.theguardian.com
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