Article #704

The Guardian - World News

The Guardian - World News

Title US judge denies ex-Rosneft chief's claim to $300m seized superyacht Source The Guardian - World News
Description

In a win for US justice department, judge rules ex-leader of Russian oil and gas company lacks plausible claim to yacht

A US judge on Monday ruled that a former chief of the Russian state oil and gas company Rosneft does not have a plausible claim to own a $300m superyacht that US authorities seized in 2022, in a win for the US Department of Justice.

US district judge Dale Ho’s decision boosts federal prosecutors’ bid for a forfeiture of the 348ft (106-meter) Amadea, which could be sold at auction.

Continue reading...
Link https://www.theguardian.com/us-news/2025/mar/10/rosneft-chief-yacht-russia Published At 2025-03-10 15:57:02 (11 months ago)
Created At 2025-03-10 16:04:26 Updated At 2025-03-10 16:54:19