UPDATE: Government of Antigua and Barbuda Granted License to Sell Super Yacht Alfa Nero Following Discussions with US Government

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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.

On 18th May, the US Department of the Treasury issued license, No. RUSSIA-EO14024-2023-1060959-1, to the Government of Antigua and Barbuda, authorizing persons licensed by the US Treasury  to “participate in the Government of Antigua and Barbuda auction of the vessel M/Y Alfa Nero”.

It also authorizes “transactions that include but are not limited to, bidding on the purchase of the vessel; paying deposits; and providing financing, insurance, or funding in connection with the purchase”.

This authorization was announced in the National Assembly 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”.

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4 COMMENTS

  1. Can someone remind me if citizens’ assets of the invading countries, were frozen then sold, when Iraq, Grenada or Afghanistan were invaded?

  2. Who are you trying to fool saying you have license to sell but the sanctions are not lifted or the vessel is not delisted- meaning if you auction it off to a bidder it is still on the sanction list and can be impounded by other jurisdictions. So who will purchase under those conditions. Our tax payers continue to be wasted . There is a similar vessel in the French waters. The French government started the process but the French tax payers made it clear to their government that no tax dollars are going to be spent maintaining any sanction vessel.

  3. When will the Gaston Browne administration push for the illegal printing of Antigua and Barbuda passports case to be called 🇦🇬 When will the Gaston Browne administration push for the illegal printing of Antigua and Barbuda passports case to be called 🇦🇬

    The government looking to get some money they didn’t work for again

  4. A license is a permission to do something that is not LAWFUL…
    Two other huffed Russian vessels were sold, did the country that sold them obtained licenses from USA?
    Who gives the USA authority to issue such license?

    Under what legal provision was the license issued?

    WHAT WAS THE COST OF THE LICENSE TO TAX PAYERS? Did the ABLP government pay the USA for a license, considering their indebtedness to the ANTIGUA CORPORATION?

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