Britain confiscates nearly $1 million from Russian oligarch
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Avenue's assets were confiscated as part of the sanctions evasion case
British authorities seized almost a million dollars from Russian oligarch Pavel Aven in a tax evasion case, according to Bloomberg. The asset manager of Russian billionaire Pavel Aven agreed to transfer £750,000 (US$963,000) to British authorities to complete the tax evasion investigation.
This was reported by Bloomberg. The asset manager of Russian oligarch Peter Aven has agreed to hand over 750 thousand pounds ($963 thousand) to British authorities to end a nearly two-year investigation by British police into sanctions evasion. Thousands of pounds in cash seized from an Avenue mansion outside London were also handed over under “proceeds of crime” legislation. Funds belonging to Aven, although registered not in his name, have bee…
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