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US seeks to seize 2 luxury jets linked to Russian oligarch

The Arabnews reported, citing the Associated Press, the US authorities moved Monday (June 6) to seize two luxury jets — a $60 million Gulfstream and a $350 million aircraft believed to be one of the world’s most expensive private airplanes — after linking both to Russian oligarch Roman Abramovich.
A federal magistrate judge signed a warrant authorizing the seizure of the Gulfstream and a Boeing jet that authorities said was worth less than $100 million before a lavish customization.
The action takes place just days after the United States announced new sanctions and penalties on Russian oligarchs and elites, Kremlin officials, businessmen linked to President Vladimir Putin and their yachts, aircraft and firms that manage them.
President Joe Biden promised after Russia’s February invasion of Ukraine to pursue Russian elites’ “ill-gotten gains.”

A representative for Abramovich did not immediately return a message seeking comment.
US Attorney Damian Williams said in a release Monday that his office was using every legal tool available to respond to “Russian’s illegal war in Ukraine.”
He said: “Our international partners — nations devoted to the rule of law — far outnumber those jurisdictions where these aircraft can safely hide, and our investigation of illegal exports in violation of US law will continue unabated."
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Matthew S. Axelrod, assistant secretary of commerce for export enforcement, said the Commerce Department had made recent changes to keep its enforcement actions public regarding unprecedented export controls stemming from the invasion of Ukraine.
He said the action “provides notice to the world of our commitment to enforce those controls aggressively in a transparent way.”
Andrew Adams, a prosecutor who heads the unit pursuing the assets of Russian oligarchs, said the public nature of Monday’s action is meant to remind “members of the aviation, insurance, and financial industries that these aircraft constitute tainted property under active investigation by the United States.”
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Justice Department officials say they have received strong support from companies and organizations and from countries that in the past had been viewed as safe havens for parking illegal assets.
Abramovich, who recently sold his stake in Chelsea, a Premier League football club in London, is among the wealthier Russians whose assets are being watched for sanctions violations after the Ukraine invasion.
In explaining the move to seize the planes, an FBI agent wrote in an affidavit that the Boeing 787-8 Dreamliner aircraft and the Gulfstream G650ER plane are subject to seizure because they have been moved between March 4 and March 15 without licenses being obtained in violation of sanctions placed against Russia.
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According to the affidavit, Abramovich controlled the Gulfstream through a series of shell companies. The plane, it said, is believed to have been in Moscow since March 15.
The affidavit said, the Boeing, meanwhile, is believed to be in Dubai, United Arab Emirates, following a roundtrip March 4 flight from Dubai to Moscow.
Source: arabnews
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BENEFIT Sponsors Gulf Uni...
- April 17, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.
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