65m Galactica Star on sealed bid sale after Nigerian corruption case
Heesen' second largest yacht Galactica Star is being offered for sale in a sealed bid arrangement starting on April 4, 2019 with the close of bidding on May 19th, according to Yacht Harbour. The sale process was proposed by the U.S. Department of Justice and the Federal Republic of Nigeria and approved by U.S. federal court, as a part of ongoing corruption case against two Nigerian nationals, according to The Marine News.
The sale follows a court-ordered seizure of the yacht's owner's assets due to possible connections to an ongoing Nigerian oil corruption scandal, triggered by the Panama Papers investigation.
The US and Nigerian governments received Federal Court approval to sell the superyacht last month in Texas. According to Law360, a legal news source, U.S. District Judge Keith Ellison approved it due to high maintenance and dockage fees, estimating the combined cost at around $170,000 per month.
Custom motor yacht Galactica Star was built by Heesen in Netherlands at their Oss shipyard and delivered to her owner in 2013. She features exterior styling by Omega Architects, and engineering by Van Oossanen & Associates. Meanwhile, the yacht's interior has been designed by Bannenberg & Rowell.
The most alluring feature about the vessel is what goes on below the waterline. Van Ossaanen Naval Architects successfully created a yacht that cruises 30% more efficiently than a conventional round-bilged motor yacht in this size range.
The yacht used to be popular for charter among celebrities, for instance, once rented by American music industry power couple, Jay Z and Beyonce for a holiday cruise, according to WithinNigeria