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A $120 million superyacht sold for $40 million—did the Antiguan Gov engage in corruption and self-dealing?

12/03/2025

Yulia Guryeva-Motlokhov, the daughter of Russian billionaire Andrey Guryev, is seeking evidence in the United States for legal actions against the government of Antigua and Barbuda. 

She claims that the Antiguan government engaged in corruption and self-dealing during the sale of a 266-foot motor yacht, valued at $120 million, for just $40 million.

Guryeva-Motlokhov's legal team is targeting financial records and transactions involving several Antiguan officials, including the Prime Minister, his family, and other key figures.

The yacht, named Alfa Nero, was seized and sold under controversial circumstances, and Guryeva-Motlokhov is pursuing legal action to recover the vessel and uncover any alleged backroom deals.

This case highlights ongoing concerns about corruption and transparency in international asset seizures and sales.

References

[1] Russian billionaire’s daughter seeks evidence in U.S. for actions ...https://www.offshorealert.com/russian-billionaires-daughter-seeks-evidence-in-u-s-for-actions-against-corrupt-antigua-govt-regarding-sale-of-120m-yacht-for-40m/

[2] US attorneys for a Russian woman seeking to recover a megayacht target ...https://www.expressnews.com/news/world/article/us-attorneys-for-a-russian-woman-seeking-to-20214821.php

[3] The daughter of a sanctioned Russian billionaire says she's the true ...https://www.businessinsider.nl/the-daughter-of-a-sanctioned-russian-billionaire-says-shes-the-true-owner-of-a-68-million-superyacht-bought-by-ex-google-ceo-eric-schmidt/

CORRUPTION

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