Authorities in Fiji have seized a superyacht owned by Russian oligarch Suleiman Kerimov at the request of the United States over alleged ties to corruption, the Department of Justice (DOJ) announced on May 5.
The 348-foot luxury vessel, the Amadea—worth more than $300 million—was impounded based on probable cause of violating U.S. law, money laundering, and conspiracy, the DOJ said in a May 5 statement.