The federal government is auctioning off a Russian oligarch's six deck, $325 million yacht that has been docked in San Diego Bay since 2022. The big picture: The Amadea was seized in Fiji at the ...

Valued two years ago by federal officials at more than $300 million — although recent media reports peg the value at $325 million — the Amadea is parked in San Diego during a sealed-bid ...

The U.S. says it belongs to Suleiman Kerimov, an economist and former Russian politician who was among seven alleged Russian oligarchs the U.S. sanctioned in 2018.

In spring 2022, the Amadea was seized in Fiji. A few months later, the U.S. had the vessel sailed into San Diego Bay. The winning bidder will have to take it “as is, where is.” ...