Russian Oligarch’s Yacht Cost US Taxpayers $1 Million A Month

The yacht "Amadea," owned by Russian oligarch Suleiman Kerimov, who is under sanctions, costs US taxpayers $1 million a month.

According to recent court documents, maintaining a mega-yacht that American authorities bought from a Russian tycoon is costing the government close to $1 million every month.The U.S. Department of Justice requests authorization to sell the 348-foot yacht Amadea, which it confiscated in 2022 and claimed belonged to Russian billionaire Suleiman Kerimov, who is under sanctions. The government stated that the "excessive costs" of personnel and maintenance, which it claimed may come to $922,000 per month, are the reason it wishes to sell the $230 million yacht.

The Reserve Bank of India has requested the nation’s principal state-owned refiners to accept rupees for crude, starting the process of de-dollarization with Gulf exporters.

“It is excessive for taxpayers to pay nearly a million dollars per month to maintain the Amadea when these expenses could...

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