Antigua and Barbuda secures license to auction Alfa Nero

Alfa Nero  Photo:Wikipedia

Antigua and Barbuda’s Ambassador to the United States of America, Sir Ronald Sanders, announced today that the Government of Antigua and Barbuda has been successful in its discussions with the Government of the United States of America, concerning its application for a license to proceed with the unfettered sale of the Super Yacht, Alfa Nero.

This authorization was announced in the Parliament of Antigua and Barbuda today by Prime Minister Gaston Browne, opening up the way for the Port Authority of the Government of Antigua and Barbuda to proceed with a sale of the Alfa Nero by auction, to any persons who are not on a sanctioned list and who have applied for, and received, a license from the US Treasury to engage in financial transactions related to the vessel.

It is understood that several interested bidders have already received individual licenses from the US Treasury Department.

Ambassador Sanders said that, while the license permits the Government of Antigua and Barbuda to proceed with the auction and to sell the vessel, other matters, such as the formal delisting of the Alfa Nero, from the US Treasury’s Specially Designated Nationals and Blocked Persons (SDN) list, are still being pursued.

The Ambassador remarked that “this entire process broke new ground; there were no rule books or patterns to follow.  In this sense, much has been achieved by a small state”.

The Superyacht which has been moored in Antigua’s Falmouth Habour for over a year was seized by the government recently.

It belonged to a Russian oligarch who never claimed it.

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5 Comments

  1. Unknown
    May 20, 2023

    Nobody came forward to claim the yacht. Read the details.

  2. If we knew better
    May 19, 2023

    So they just took his yacht ? And AMERICA is the “Authority” over a non American’s vessel? What madness is going on here?

    Well-loved. Like or Dislike: Thumb up 4 Thumb down 0
    • budman
      May 22, 2023

      well truth be told. no one claimed the yacht. including the man who supposedly owned it. he refused to accept ownership. so it was “unowned” for over a year in sovereign waters.

    • Putin
      May 22, 2023

      It is a reflection of what the unbridled power that the world has allowed the USA.

  3. Rasta Pasta
    May 18, 2023

    What you gonna do when Putin come for you?

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