July 24, 2024

The Catholic Transcript

Complete News World

UK freezes $ 13 billion in assets held by Abramovich shareholders – 4/14/2022

UK freezes $ 13 billion in assets held by Abramovich shareholders – 4/14/2022

LONDON, April 14, 2022 (AFP) – Britain on Thursday announced a 10 billion ($ 13 billion, ில்லியன் 12 billion) property freeze on two oligarchy longtime associates of Russian Roman Abramovich, owner of Chelsea FC.

Sanctions against Chelsea manager Eugene Tenanbaum and David Davidovic against Canada and the Russians bring the total number of oligarchs, relatives and allies allowed by London since Russia invaded Ukraine in February to 106.

The British government has promised that the freezing of assets – the largest in the country’s history – will cut off key sources of revenue for Russian President Vladimir Putin’s “war machine.”

“We are targeting a circle of people very close to the Kremlin,” Foreign Minister Liz Truss said in a statement.

“Until the defeat of Putin in Ukraine, we will continue to impose sanctions. Nothing and no one has been rejected,” he added.

Davydovich, described by Forbes as “Abramovich’s prudent right-hand man”, was banned from traveling to England.

In turn, Denenbaum is presented as one of the Chelsea owner’s closest business partners, seizing control of the investment firm that was immediately linked to Abramovich shortly after the Russian invasion.

The British-backed island of Jersey announced on Wednesday that it had frozen more than $ 7 billion in assets believed to be linked to Abramovich.

Last month, London imposed sanctions on President Putin for his close ties. The millionaire was forced to sell the London Football Club he bought in 2003.

Abramovich is also on the list of persons allowed by the European Union in March.

jwp-acc / es / jc

See also  Britain prepares for the end of Elizabeth II's rule