Russian Oligarch's Yacht Seized in Fiji on US Request

The $300 million megayacht Amadea of Russian oligarch Suleiman Kerimov was seized by local authorities in Lautoka, Fiji on a US Justice Department request, for allegedly being tied to sanctions violations and money laundering. Leon LORD FIJI SUN/AFP
The $300 million megayacht Amadea of Russian oligarch Suleiman Kerimov was seized by local authorities in Lautoka, Fiji on a US Justice Department request, for allegedly being tied to sanctions violations and money laundering. Leon LORD FIJI SUN/AFP
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Russian Oligarch's Yacht Seized in Fiji on US Request

The $300 million megayacht Amadea of Russian oligarch Suleiman Kerimov was seized by local authorities in Lautoka, Fiji on a US Justice Department request, for allegedly being tied to sanctions violations and money laundering. Leon LORD FIJI SUN/AFP
The $300 million megayacht Amadea of Russian oligarch Suleiman Kerimov was seized by local authorities in Lautoka, Fiji on a US Justice Department request, for allegedly being tied to sanctions violations and money laundering. Leon LORD FIJI SUN/AFP

Authorities in Fiji have seized the $300 million yacht of Russian oligarch Suleiman Kerimov after the US Justice Department requested the vessel be held for violating sanctions and for alleged ties to corruption, the department said Thursday.

The five-year-old, 348-foot (106 meter) "Amadea" was berthed in Lautoka, Fiji in the South Pacific when local authorities took control of it based on a US warrant and a Justice Department request, AFP reported.

"The Amadea is subject to forfeiture based on probable cause of violations of US law, including the International Emergency Economic Powers Act, money laundering and conspiracy," the department said in a statement.

Kerimov is among a group of Russian oligarchs "who profit from the Russian government through corruption and its malign activity around the globe, including the occupation of Crimea," it said.

The United States has imposed sanctions on Russian oligarchs close to President Vladimir Putin as part of a wave of economic punishment for the invasion of Ukraine.

Kerimov, who has made a fortune as part owner of major Russian energy and financial companies including Gazprom and Sberbank, is also an official of the Russian government and a member of the Russian Federation Council, it said.

- 'No hiding place' -
"There is no hiding place for the assets of criminals who enable the Russian regime," US Attorney General Merrick Garland said in a statement.

"The Justice Department will be relentless in our efforts to hold accountable those who facilitate the death and destruction we are witnessing in Ukraine," Garland said.

Deputy Attorney General Lisa Monaco said the department had its eyes "on every yacht purchased with dirty money".

"This yacht seizure should tell every corrupt Russian oligarch that they cannot hide -– not even in the remotest part of the world," she said.

"We will use every means of enforcing the sanctions imposed in response to Russia's unprovoked and unjustified war in Ukraine."

Fijian lawyers acting on behalf of Millemarin Investment Ltd, the registered owner of the Amadea, have filed an application for the vessel to be kept in Lautoka where it has been berthed since its arrival in Fiji in the middle of last month.

The Amadea is worth $325 million and boasts a pool, jacuzzi, helipad, and "winter garden" on the sun deck, according to the website superyachtfan.com, which tracks the vessels of the rich.

Millemarin Investment applied at Fiji's High Court this week to prevent its seizure under the US warrant, pending an appeal against the move.

Fiji's director of public prosecutions said the court would rule on the company's application by Friday.



EU Leaders Push for Influence at Central Asia Summit

Russia's invasion of Ukraine has accelerated the region's drift from Moscow's orbit. VYACHESLAV OSELEDKO / AFP
Russia's invasion of Ukraine has accelerated the region's drift from Moscow's orbit. VYACHESLAV OSELEDKO / AFP
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EU Leaders Push for Influence at Central Asia Summit

Russia's invasion of Ukraine has accelerated the region's drift from Moscow's orbit. VYACHESLAV OSELEDKO / AFP
Russia's invasion of Ukraine has accelerated the region's drift from Moscow's orbit. VYACHESLAV OSELEDKO / AFP

Top EU leaders were in Uzbekistan on Friday for a major summit with the heads of five Central Asian states, seeking to press their influence and boost ties in the face of Russian and Chinese competition.

Russia's invasion of Ukraine has accelerated the region's drift from Moscow's orbit, with major powers to both the west and east sensing an opening.

Central Asia is rich in natural resources, on the front lines of climate change and also seen as a key security player as a Muslim-majority region that is trying to contain extremism and shares borders with Afghanistan, Iran, China and Russia.

Leaders from the five states -- Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan -- will meet European Commission chief Ursula von der Leyen and Antonio Costa, head of the European Council.

The summit takes place in the ancient Silk Road city of Samarkand, for centuries a key hub in East-West connections, trade and commerce.

Von der Leyen said she hopes the summit will take Brussels' relations with Central Asia "to the next level" and deepen ties in terms of transport, natural resources, water and energy.

"In these uncertain times, Europe stands for openness and engagement. For Europe, Central Asia is a partner of choice," she said.

Alongside Russia's historic leadership in the region, Türkiye, China, the United States and even the likes of South Korea and Japan are all trying to boost their influence.

For its part, Central Asia -- as large as the EU but home to just 80 million people, one-fifth of those in the 27-member bloc -- has been seeking to boost foreign investment.

Investment

The EU summit offers the countries a chance to get something their neighbors Russia and China cannot yet provide: advanced industrial technology.

Europe, meanwhile, is eyeing the region's precious resources.

On the eve of the summit, Kazakhstan announced discovering potentially its "largest" ever deposit of rare earth elements.

The EU has its sights on uranium deposits, at a time when nuclear power is making a comeback, as well as other strategic metals like titanium, cobalt, and lithium, said Raul Villegas, an analyst at the European Policy Center, a Brussels-based think tank.

As a bloc, the EU is already the region's largest foreign investor, accounting for 40 percent of direct inward investment over the last 10 years.

It is also the largest provider of development aid.

But Russia and China will be difficult to dislodge.

Beijing is pouring cash into ambitious infrastructure projects, while Russia supplies arms and energy, as well as having long-standing cultural and linguistic reach across the former Soviet states.

During a visit to Uzbekistan last year, Russian President Vladimir Putin criticized the United States and Europe for "trying to disrupt our traditionally close commercial, cooperative and cultural ties."

Sanctions, rights

The war in Ukraine and sanctions against Russia will also be on the table, an EU official told AFP.

Central Asia has emerged as one of several hubs through which sanctioned Western goods are re-exported to Russia.

Brussels would like the region to crack down on the flow, as it pushes to keep up the pressure on Moscow at a time when US President Donald Trump pushes a rapprochement with the Kremlin.

Central Asian countries have shown "willingness" to act and "some progress" but "we would like to see a lot more from our partners," the official said, speaking on condition of anonymity.

Further action was not a precondition for cooperation in other sectors but "an important element in order to advance our relations," the official added.

Despite pleas from NGOs, human rights were not expected to feature heavily in the talks.

"We're not going there to preach, but we are going to make our concerns known, to work with them, to have a dialogue," the official said.

All five of the countries are classed as "not free" by the Freedom House NGO that tracks democratic rights around the world.