The Justice Department said the yacht, Amadea, was worth at least $300 million when it was seized in 2022 from a Russian oligarch. It’s unlikely to sell for that price.
Tag: Assets, Frozen
The U.S. Is Auctioning a Seized Russian Yacht. Will Anyone Buy It?
The Justice Department said the yacht, Amadea, was worth at least $300 million when it was seized in 2022 from a Russian oligarch. It’s unlikely to sell for that price.
How to Hide a 350-Foot Megayacht
Russian oligarchs use the offshore system to shield their luxury assets. The Trump administration is ending an effort to find and seize them.
What Is the ICC? What to Know After Hungary’s Announcement
Hungary said it would pull out of the International Criminal Court as Prime Minister Benjamin Netanyahu of Israel visited the country.
Emboldened Kremlin Steps Up Efforts to Seize Businesses in Russia
The legal onslaught on Moscow’s second-largest airport has been seen as part of the Kremlin’s wartime drive to seize control of key assets still in private hands.
Emergency Food, TB Tests and H.I.V. Drugs: Vital Health Aid Remains Frozen Despite Court Ruling
The Trump administration appears to be flouting a judge’s order pausing the dismantling of U.S.A.I.D.
U.K. Court Rules Police Can Seize £2 Million From Andrew Tate
The online influencer has bragged about refusing to pay taxes. A London court found that he and his brother had not paid taxes on more than £21 million in business revenue.
G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
The economic lifeline is expected to be disbursed by the end of the year.
$50 Billion in Aid to Ukraine Stalls Over Legal Questions
U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.
Brazilian Court Makes One Musk Company Pay Fines of Another
A Brazilian Supreme Court justice said that because Elon Musk controlled both X and Starlink, one company was responsible for the fines of the other.