Monday, May 9, 2022

Fiji pauses US seizure of Russia-linked superyacht

A court in Fiji has suspended the execution of a US warrant to seize a $300m superyacht that Washington claims is owned by sanctioned Russian oligarch Suleiman Kerimov, according to prosecutors.

The court granted an “interim stay” after the company officially registered as the Amadea’s owners petitioned judges to stop its seizure.

Prosecutors said the case is scheduled to return to court on Thursday and that the yacht remains in Fiji police custody. It is also blocked from leaving the Pacific nation’s waters despite the warrant suspension.

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