Russian Oligarch's Superyacht Seized in Fiji

Russian Oligarch's Superyacht Seized in Fiji

Another week, another yacht: A Russian oligarch’s superyacht has been seized on behalf of the U.S.—this time in Fiji.

The luxury boat belonged to Suleiman Kerimov, a billionaire businessman and member of the Russian Senate.

‘The U.S. Treasury Department’s Office of Foreign Assets Control designated Kerimov as part of a group of Russian oligarchs who profit from the Russian government through corruption and its malign activity around the globe,’ the DOJ said in a statement.

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