The targeted assets are either located on the island or belong to entities set up in Jersey, the Jersey Law Firm said. Police investigated addresses suspected of being linked to Mr Abramovic’s business on Tuesday. Jersey Island is a well-known tax haven. Mr Abramovich was among several Russian oligarchs who were sanctioned by the United Kingdom and the European Union in response to Russia’s invasion of Ukraine. An ally of Russian President Vladimir Putin, he has taken an informal role in the peace talks between Ukraine and Russia. Use the Chrome browser for a more accessible video player 0:20 Roman Abramovich in the peace talks in Ukraine He is best known as the owner of the Premier League team, Chelsea. The club is now for sale after the British government blacklisted its finances, which were used to finance the team’s triumphs on the field. Superyachts linked to the 55-year-old have also docked in southwestern Turkey, where they will face no sanctions. Nations such as Antigua and Barbuda have agreed to help Britain seize yachts belonging to the businessman.