Clive Mason Getty Images Authorities in the island nation of Jersey froze assets worth more than $ 7 billion, which are suspected of being linked to Roman Abramovich, the latest financial result for the Russian oligarch as a result of the war in Ukraine. Jersey State Police also carried out search warrants Tuesday in locations in Jersey suspected of being linked to Abramovich’s business, according to a statement from the country’s Legal Department. Jersey, off the Channel Islands off the coast of Normandy, France, Jersey, off the Channel Islands off the coast of Normandy, France, is a self-governing island headed by Queen Elizabeth. B ‘of Great Britain. The United Kingdom provides military protection on the island. The action comes a month after the United Kingdom 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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Read more about CNBC political coverage: After this unprovoked war, Abramovich announced that he would sell the famous London football team Chelsea. The Guardian reported last week that Abramovich transferred his ownership of a superyacht, the Aquamarine, to a Jersey-based company controlled by a co-worker, David Davidovic, on February 24, the same day that Russia invaded Ukraine. It was not clear on Wednesday whether the 50-meter-long Aquamarine, which remains on a dry dock in the Netherlands, was one of the assets frozen by the Jersey authorities. “The Royal Court of Justice also imposed a formal freezing order on 12 April, known as the saisie judiciaire, on assets estimated at more than $ 7 billion suspected of being linked to Mr Abramovich and either in Jersey or owned by Jersey. by companies incorporated in Jersey, “the Jersey Department of Jurisdiction said in a statement Wednesday, declining to comment further. The Financial Times reported that Abramovich had transferred some of his investments from the British Virgin Islands to Jersey in recent years. These include a number of helicopters and the Sussurro superyacht, the newspaper noted. The Jersey edition of the Bailiwick Express reported that Abramovich was expected to move to Jersey in 2018, but this did not happen as his visa renewal in the UK was delayed after the poisoning of former Russian officer Sergei Skripal and his daughter Salisb in the English city. Jersey and Guernsey, which also rely on the UK for protection, have ordered financial companies there to freeze the assets of five Russian banks and three other billionaires after Putin ordered Russian troops into eastern Ukraine in late February, he said. then the BBC. Also that month, Jersey Foreign Minister Ian Gorst said the island would take “further action” in line with UK action. “Officers continue to work closely with his UK counterparts and we are ready to take further steps to ensure that Jersey’s response is in line with the international community,” Gorst said at the time.
