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Jersey court freezes $7 bln of assets connected to Abramovich

Summary by Ground News
The Royal Court of Jersey imposed a formal freezing order on $7 billion worth of assets linked to Roman Abramovich. Police are also searching properties linked to the billionaire. Abramovich and other wealthy Russians were added to British and European Union sanctions last month over Russia's invasion of Ukraine. governments have been taking action to seize luxury assets from them.
6 months ago·Jersey

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BBC NewsBBC News

Jersey court freezes $7bn of Abramovich assets - BBC News

The Channel Island is the latest jurisdiction to crack down on the Russian billionaire

6 months ago·United Kingdom
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ReutersReuters

Jersey court freezes $7 bln of assets connected to Abramovich

The Royal Court of Jersey has imposed a formal freezing order on $7 billion worth of assets linked to Roman Abramovich while police have searched properties linked to the billionaire, the British Channel Island's Law Officers' Department said.

6 months ago·United Kingdom
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The GuardianThe Guardian

Abramovich hit by multibillion-pound crackdown on assets in Jersey and France

Roman Abramovich has had more than £5.4bn of his assets frozen in Jersey and 12 luxury properties – including a near-£100m villa on the Riviera that was once the holiday home of King Edward VIII – seized by the French government. The Royal Court of Jersey announced on Wednesday that it had imposed a formal freezing order on “assets understood to be valued in excess of US$7bn, which are suspected to be connected to Mr Abramovich and which are...

6 months ago·London, United Kingdom
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The IndependentThe Independent

Jersey freezes £5bn assets linked to Roman Abramovich

Police searched properties connected to Russian oligarch on Tuesday

6 months ago·London, United Kingdom
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Daily MirrorDaily Mirror

Abramovich has staggering £5.4bn assets frozen in Jersey in latest crackdown

The sanctioned Chelsea owner has been dealt another blow as Abramovich has had billions worth of his assets based in Jersey frozen due to his close ties with Vladimir Putin

6 months ago·London, United Kingdom
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abc Newsabc News

Live Updates | Jersey freezing Abramovich-linked assets

The Channel Island of Jersey says it is freezing assets connected to Russian billionaire Roman Abramovich estimated to be worth over $7 billion

6 months ago·United States
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