CNN —The US government is spending nearly $1 million a month to maintain a luxury superyacht seized from a sanctioned Russian oligarch as part of the Justice Department’s effort to put pressure on the Kremlin.
The superyacht was seized while docked in a port in Fiji in 2022 by local law enforcement officials and the FBI.
Now, federal prosecutors have asked a judge for permission to sell the vessel saying its expenses are excessive and has cost the government about $20 million, according to recent court filings.
The monthly costs total roughly $600,000 to maintain the yacht, plus $144,000 in insurance, according to court records.
Maintaining the Amadea is certainly expensive, and Claimants never intended for U.S. taxpayers to shoulder that burden.
Persons:
Suleiman Kerimov, Eduard Khudainatov, they’ve “
Organizations:
CNN, Kremlin, FBI, US Marshals Service, Millemarin Investments, ” Prosecutors
Locations:
Russian, Fiji, San Diego