The government of Antigua and Barbuda is confident about its legal position in the ongoing dispute over the Alfa Nero superyacht, which has been the subject of a contentious court case.
Chief of Staff Lionel Max Hurst, speaking during the post-cabinet press conference, stated that the government is optimistic about the court ruling in its favor.
“We are of the view that they will fail just as they did in previous cases brought all the way up to the Privy Council,” Hurst remarked, referring to the opposing party’s legal challenges.
The dispute arises from the government’s decision to seize and sell the Alfa Nero. Hurst confirmed that the government expects the courts to uphold the sale of the vessel.
“We are of the view that the Alfa Nero will be declared government property and that the government did the right thing in opening bids and selling it to the highest bidder,” he explained.
Hurst detailed the circumstances surrounding the sale, noting that the initial highest bidder withdrew due to concerns about purchasing a “lawsuit.” ]
The vessel was later sold to a wealthy Turkish citizen for $40 million. He added, “The new owner decided that since the government of Antigua and Barbuda offers indemnification, that would be sufficient for him to move forward.”
The legal process, however, has been delayed due to what Hurst described as “dilatory tactics.” He explained that such delays are typical in cases involving multiple litigants.
“The courts have a very full docket of cases to respond to,” Hurst said, acknowledging the length of the process.
Despite the delays, the government is confident that the resolution will favor the people of Antigua and Barbuda. Hurst emphasized that the government has acted prudently throughout, ensuring transparency and legality in its actions.
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