David Davidovich and Eugene Tenenbaum are longtime business associates of Abramovich, the outgoing owner of Chelsea, the Foreign Office said. The move means a total of 106 oligarchs, family members and associates have been sanctioned since the start of the war in Ukraine in February. Mr Tenenbaum is a manager at Chelsea FC and has described himself as one of Mr Abramovich’s closest business associates. The Foreign Office said company records showed it had taken control of Evrington Investments, an investment company linked to Abramovich, on February 24, shortly after Russia’s invasion of Ukraine. Mr Davidovich has been described as “Abramovich’s much lower right hand man” and took over Evrington Investments from Mr Tenenbaum in March, the Foreign Office said. Picture: Abramovich and Eugene Tenenbaum Mr Davidovich is now subject to asset freezing and a travel ban. The Foreign Office said the estimated 10 10 billion in sanctions against the two men represented the largest asset freeze in UK history. The sanctions will prevent the repatriation of money to Russia and its use to finance President Vladimir Putin’s war in Ukraine. Regarding the new sanctions, Foreign Minister Liz Truss said: “We are tightening the noose on Putin’s war machine and targeting the circle of people closest to the Kremlin. We will continue with the sanctions until Putin fails in Ukraine. Nothing and no one is off the table. “ Use the Chrome browser for a more accessible video player 0:20 From March: Roman Abramovich in the peace talks in Ukraine The sanctions against Tenenbaum and Davidovic came after the Channel Islands of Jersey said this week it was seizing about $ 7 billion (5 5.4 billion) in assets suspected of being linked to Mr Abbott. The 55-year-old, better known as the owner of Chelsea FC, put the club up for sale just days before sanctions were imposed by the UK government in March. The Russian oligarch has long denied relations with the Putin regime, but has not spoken publicly against the war since it erupted. Follow the Daily Podcast on Apple Podcasts, Google Podcasts, Spotify, Spreaker Super yachts linked to Mr Abramovic have docked in southwestern Turkey, where they will face no sanctions. However, states such as Antigua and Barbuda have agreed to help Britain seize yachts owned by the businessman. The analysis shows that Russia is heading for the deepest recession since the collapse of the Soviet Union with 275 billion pounds – 60% of Russia’s foreign exchange reserves – currently frozen.
