x
Breaking News
More () »

Warrant issued for seizure of $45 million Russian energy company plane in Houston

The $45 million Boeing 737-7EM owned by PJSC LUKOIL, a Russian oil and gas corporation headquartered in Moscow, was found to be in violation of federal law.
Credit: Department of Justice

HOUSTON — A warrant has been granted to seize a Russian company's jet in Houston due to sanction violations, according to the Department of Justice.

The $45-million Boeing 737-7EM owned by PJSC LUKOIL, a Russian multinational oil and gas corporation headquartered in Moscow, was found to be in violation of federal law. The U.S. District Court for the Southern District of Texas authorized the seizure.

RELATED: $300 million yacht owned by Russian oligarch arrives in San Diego

Earlier this year, the Department of Commerce issued sanctions against Russia in response to Russia’s invasion of Ukraine. According to court documents, LUKOIL owns the plane which flew into and out of Russia in violation of the Department of Commerce’s Russia sanctions.

“The FBI will remain focused and faithful to our responsibility to protect our U.S. national security and foreign policy interests,” Special Agent in Charge James Smith of the FBI – Houston Field Office said. “We’ll continue to go after individuals who insist on helping Russia advance its hostile and illegal activities, and we’ll continue to seize their valuable possessions, wherever they may be. We thank Homeland Security Investigations (HSI) and the Department of Commerce for their partnership in this case.”

RELATED: Sanctions bite Russian economy, although Putin says otherwise

While the plane is believed to be currently in Russia, it last flew from Russia to Houston with LUKOIL officials onboard in March 2019. Since September 2014, LUKOIL has been subject to sectoral sanctions imposed by the Department of the Treasury’s Office of Foreign Assets Control.

Before You Leave, Check This Out