A Russian billionaire is believed to act as the beneficial owner of two superyachts.
Mikhail Svetlov/Getty Images
US authorities believed a Russian tycoon acted as a “straw owner” of two yachts, per Bloomberg.
A US affidavit says multiple offshore companies and a yacht broker helped hide the true owners.
The superyachts, worth more than $1 billion, are linked to Vladimir Putin and Suleiman Kerimov.
US authorities believe that a Russian billionaire acted as a “straw owner” of two superyachts worth more than $1 billion, according to Bloomberg.
A US affidavit says a nest of offshore companies and a yacht broker helped hide a superyacht’s true owner, according to court filings in the South Pacific island of Fiji, per the news outlet.
Amid western sanctions, superyachts belonging to Russian oligarchs have been seized or detained in different parts of the world. The US is trying to seize a $325 million superyacht in Fiji, belonging to Suleiman Kerimov. The FBI found evidence aboard the vessel incriminating the owner, who “caused US dollar transactions to be routed through US financial institutions for the support and maintenance of the Amadea.”
A $700 million Scheherazade superyacht, which has been in a dry dock for nine months, was recently refloated after being refueled. It is rumored to be linked to Russian President Vladimir Putin.
According to Bloomberg’s report, the beneficial owner of both yachts – which can differ from the actual owner – is the former president of state-controlled Rosneft, Eduard Khudainatov. US officials believe him to be the “true beneficial owner.” However, Khudainatov isn’t on any sanctions list.
An affidavit by a special agent with the FBI, filed in the Fiji court proceedings, states: “The fact that Khudainatov is being held out as the owner of two of the largest superyachts on record, both linked to sanctioned individuals, suggests that …read more
Source:: Business Insider