The Latest Breaking News from Suleiman Kerimov

Wellington (AFP) - A Fiji court on Tuesday handed a Russian superyacht to US authorities and said it can be removed from the Pacific nation, ending a contested eight-week stay.

A Fiji court has ruled a Russian-owned superyacht be removed from the Pacific island nation by the United States because it was a waste of money for Fiji to maintain the vessel amid legal wrangling over its seizure.

Fiji’s High Court has backed a US bid to confiscate a $325 million superyacht the FBI says is owned by an oligarch pal of Russian President Vladimir Putin.

The United States has won the latest round of a legal battle to seize a $325-million Russian-owned superyacht in Fiji, with the case now appearing headed for the Pacific nation’s top court

The case of a yacht detained in the South Pacific island nation is raising questions about how far U.S. jurisdiction extends.

On May 5, five U.S. federal agents boarded the massive Russian-owned superyacht Amadea that was berthed in Lautoka harbor in Fiji

In the race to seize assets tied to sanctioned Russian billionaires, U.S. authorities are alleging that a Russian tycoon acted as the “straw owner” of two yachts worth more than $1 billion, including the $700 million Scheherazade, a superyacht linked to Russian President Vladimir Putin.

Washington says the luxury vessel is owned by sanctioned Russian oligarch Suleiman Kerimov.

Sydney (AFP) - A Fiji court has suspended the execution of a US warrant to seize a $300 million superyacht Washington claims is owned by sanctioned Russian oligarch Suleiman Kerimov, prosecutors said.

A Fiji court has ruled that the $300 million yacht allegedly owned by Russian oligarch Suleiman Kerimov and seized by the United States must remain in Fiji for now.

U.S. authorities say the 348-foot vessel is owned by Suleiman Kerimov, a Russian oligarch previously sanctioned for alleged money laundering.