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Russian tycoon Roman Abramovich has assets frozen in Jersey


Chelsea owner Roman Abramovich looks on after their 3-1 win during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England.

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Authorities in the island nation of Jessey freeze assets worth more than 7 billion dollars is suspected of being linked to Roman Abramovich, the latest financial setback for the Russian oligarch in the aftermath of the Ukraine war.

Jersey State Police also executed search warrants Tuesday at sites in Jersey suspected of being linked to Abramovich’s business activities, according to a statement by the Attorney General’s Office in that country.

Jersey, part of the Channel Islands off the coast of Normandy, France, Jersey, part of the Channel Islands off the coast of Normandy, France, is a self-governing island whose head of state is Queen Elizabeth II of the United Kingdom. Great Britain provides military protection for the island.

Actions up to a month after the UK announced financial sanctions against 56-year-old Abramovich for his close relationship with Russian President Vladimir Putin, the architect of Russia’s invasion of Ukraine.

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After that gratuitous fight, Abramovich announced that he would sell the famous London football club Chelsea.

The Guardian newspaper Last week, Abramovich transferred ownership of the superyacht “Aquamarine” to a Jersey-based company controlled by an associate of his, David Davidovich, on February 24, the same day Russia invaded Ukraine.

It was not clear on Wednesday whether the 50-metre long Aquamarine document, still at a dock in the Netherlands, was one of the properties frozen by Jersey authorities.

“The Royal Court also imposed a formal freeze on April 12, known as saisie judiciaire, on properties believed to be worth in excess of US$7 billion suspected of being involved. Mr. Abramovich and is located in Jersey or owned by Jersey incorporated entities,” the Attorney General of Jersey said in a statement Wednesday declining further comment.

Financial Times reports that Abramovich has moved some of his investments from the British Virgin Islands to Jersey in recent years. These include several Sussurro helicopters and superyachts, newspaper noted.

Bailiwick Express Jersey Edition reported that Abramovich was expected to move to Jersey in 2018, but that did not happen after his UK visa extension was delayed due to the poisoning of former Russian military officer Sergei Skripal and his son. his daughter in the English city of Salisbury.

Jersey and Guernsey, which also rely on Britain for protection, ordered financial firms there to freeze the assets of five Russian banks and three other billionaires after Putin sent Russian troops into eastern Ukraine late in February, BBC reported at the time.

That same month, Jersey Foreign Affairs Secretary Ian Gorst said the island would take “further measures” consistent with UK actions.

“Officers continue to work closely with their UK counterparts and we stand ready to take further steps to ensure Jersey’s response is in line with the international community,” Gorst said in a statement. at that moment.



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