The United States on Thursday took enforcement action imposing restrictions against Delaware-based Heritage Trust on the grounds that sanctioned Russian oligarch Suleiman Kerimov holds a property interest, the Treasury Department said. The move subjects the trust, with a value of over $1 billion, to the same restrictions as Kerimov, barring Americans from dealing with it or the contribution of funds. It is the latest action enforcing Washington's wide-ranging sanctions against Russian oligarchs and elites following Moscow's Feb. 24 invasion of Ukraine, which has killed thousands and displaced millions of citizens.
The 350ft-long Amadea is completing a 3,100-mile journey from Fiji after leaving the island in the Pacific Ocean on June 7. An American flag was on display on the day of its departure with a new crew.
A Fiji court has ruled a Russian-owned superyacht be removed from the Pacific island nation by the United States because it was a waste of money for Fiji to maintain the vessel amid legal wrangling over its seizure. The U.S. Justice Department’s Taskforce KleptoCapture has focused on seizing yachts and other luxury assets of Russian…
SYDNEY (Reuters) - A Fiji court has ruled a Russian-owned superyacht be removed from the Pacific island nation by the United States because it was a w.
A Fiji court has ruled a Russian-owned superyacht be removed from the Pacific island nation by the United States because it was a waste of money for Fiji to maintain the vessel amid legal wrangling over its seizure.