The US maintains that the beneficial owner on paper of Amadea is this man Edward Kudinataf who at the time was not sanctioned and therefore was a safer straw owner. Now it would appear that after Mr. Kudimov was sanctioned in 2018 it would be very difficult for him to buy and operate and maintain a super yacht. And he has remained remarkably silent on this matter.
Since Russia invaded Ukraine in February, the US and other Western nations have imposed economic sanctions on scores of Russian billionaires close to President Vladimir Putin. They’ve also gone after their assets–including the enormous yachts prized by billionaires the world over.
But now comes the question: What will happen to them? Investigative Reporter Stephanie Baker joins this episode from London to share her reporting on big boats in legal limbo.
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