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SANCTIONS: Abramovich has further €6.4 bn seized by Jersey (CI) Authorities

SANCTIONS: Abramovich has further €6.4 billion seized by Jersey (CI) Authorities
By GEO´ Newsteam - Gibraltar

Sanctions hit, Russian billionaire Roman Abramovich has had another major body blow to his fortune after a Jersey (CI) court froze a further €6.4 bn (USD) in assets linked to the former Chelsea FC owner, this on top of Antigua and Barbuda announced that they were RWA to help the UK seize yachts owned by Mr Abramovich.

The Russian oligarch was among several wealthy Russians added last month to the UK and European Union sanctions lists over Russia's invasion of Ukraine.

The asset freeze against Abramovich in Jersey is just shy of the €7.4 bn already seized by Swiss authorities from the 900 Russians on the EU and US sanctions lists. Learn More - Register Free to receive our full analysis direct to your inbox or smart device. 

Image Credit: Dmitrijs Purgalvis

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