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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 BuildHer...
- April 23, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”
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