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yesterday

US Launches Sealed-Bid Auction for Seized Russian Superyacht Amadea

Bids due September 10 with a $10 million deposit required underscore the government’s push to recover $32 million in maintenance costs from a rejected claimant.

This image from June 16, 2022 shows the yacht Amadea at the Honolulu Harbor, Hawaii after it had been seized from sanctioned Russian oligarch Suleiman Kerimov.
FILE - The super yacht Amadea sails into the San Diego Bay June 27, 2022, seen from Coronado, Calif. The United States is auctioning off the $325 million luxury superyacht Amadea, its first sale of a seized Russian superyacht since the launch of Russia’s full-scale invasion of Ukraine. The auction comes as President Donald Trump pressures Russian President Vladimir Putin to end the war. (AP Photo/Gregory Bull, File)
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Overview

  • The U.S. Marshals Service has placed the 348-foot Amadea in custody under a sealed-bid process overseen by National Maritime Services.
  • The vessel was seized in Fiji in April 2022 by Operation KleptoCapture and has been maintained at San Diego docks pending its sale.
  • In March, Judge Dale Ho rejected Eduard Khudainatov’s ownership claim after prosecutors proved he acted as a straw owner for sanctioned oligarch Suleiman Kerimov.
  • Federal costs for the yacht’s upkeep, storage and transport have reached about $32 million, prompting litigation to recoup those expenses from Khudainatov.
  • Under U.S. legislation, net proceeds from the auction will fund humanitarian aid for Ukraine, reinforcing broader sanctions enforcement.