Controversial Alfa Nero Sale Sparks Legal Battle and Political Turmoil

The legal drama surrounding the Alfa Nero megayacht continues, as Yulia Guryeva-Motlokhov, daughter of a sanctioned Russian oligarch, seeks access to financial records of Antigua officials linked to its sale. The yacht's controversial auction, amid political tensions, has led to international legal proceedings and calls for transparency.

The intricate legal battle over the luxurious Alfa Nero megayacht has intensified, with Yulia Guryeva-Motlokhov, daughter of a US-sanctioned Russian billionaire, demanding access to financial records from top officials in Antigua. The government of Antigua is facing scrutiny for seizing the yacht and allegedly profiting from its auction while withholding financial transparency.

Initially abandoned by Russian businessman Andrey Guryev, the yacht, valued at $120 million, garnered interest from potential buyers, including former Google CEO Eric Schmidt. Despite being removed from the sanctions list, the yacht's auction attracted controversy when sold for a substantially lower $40 million.

As questions abound concerning the use of the auction proceeds, allegations arise regarding missing sale documents and undisclosed financial details. Political turmoil continues in Antigua amidst ongoing international legal challenges, with accusations directed at Prime Minister Gaston Browne and his administration over handling the controversial sale.

(With inputs from agencies.)