US judge denies ex-Rosneft chief's claim to $300m seized superyacht
In a win for US justice department, judge rules ex-leader of Russian oil and gas company lacks plausible claim to yacht
A US judge on Monday ruled that a former chief of the Russian state oil and gas company Rosneft does not have a plausible claim to own a $300m superyacht that US authorities seized in 2022, in a win for the US Department of Justice.
US district judge Dale Ho’s decision boosts federal prosecutors’ bid for a forfeiture of the 348ft (106-meter) Amadea, which could be sold at auction.
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