Million-dollar maintenance: US coughs up $20 million for seized Russian oligarch's superyacht
Thursday, 7 March 2024
The US administration is spending $1 million monthly to maintain a superyacht confiscated from a Russian oligarch, Suleiman Kerimov, under sanctions. The yacht was captured in Fiji and its owner violated US sanctions by using the American banking system. Federal prosecutors in San Diego are seeking authorization for an interlocutory sale, according to court filings.
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