Suleiman Karimov is a sanctioned Russian oligarch. He has not disputed publicly that he owns or doesn't own this yacht. The management company that had managed it disputes that he owned it and says actually the real owner is Mr. Kudinataf. They haven't proceeded yet with civil forfeiture complaint so this process is likely to take years to litigate because of the amount of evidence they need to compile.
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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