{"id":170717,"date":"2023-03-16T07:39:06","date_gmt":"2023-03-16T11:39:06","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=170717"},"modified":"2023-03-16T07:39:33","modified_gmt":"2023-03-16T11:39:33","slug":"government-of-antigua-and-barbuda-receives-legal-advice-about-plans-to-sell-superyacht","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/government-of-antigua-and-barbuda-receives-legal-advice-about-plans-to-sell-superyacht\/","title":{"rendered":"Government of Antigua and Barbuda receives legal advice about plans to sell superyacht"},"content":{"rendered":"
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CABINET NOTES:<\/p>

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The Cabinet invited three lawyers from the Legal Affairs Division to reflect on an amended law governing the Antigua Port Authority. The amendment will make clear the ability of the Government to sell by auction a vessel that appears sanctioned, or falls under the proceeds of Crime Act.<\/p>\n

The Alfa Nero has been in the waters of Antigua for more than a year and a half; it has received more than five hundred thousand ($500,000.00) dollars\u2019 worth of fuel; and, the money to buy food for the crew (reduced from forty-one to five members), is projected to last no more than two weeks.<\/p>

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A ten-day notice will appear in the local press and newspapers outside of the jurisdiction, such that everyone in the world will have notice of the Government\u2019s intention to sell the vessel. An auction will follow. The Alfa Nero poses a threat to other vessels and to the harbour where it is moored.<\/p>

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CABINET NOTES: The Cabinet invited three lawyers from the Legal Affairs Division to reflect on an amended law governing the Antigua Port Authority. The amendment will make clear the ability of the Government to sell by auction a vessel that appears sanctioned, or falls under the proceeds of Crime Act. 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