France and Jersey freeze Roman Abramovich assets
He is best known outside Russia as the owner of Chelsea, a Premier League football club
France has seized £20bn of Russian assets, including a villa on the French Riviera and 11 other properties belonging to Roman Abramovich, France 24 News reports.
Jersey in the Channel Islands has also frozen £5bn of assets belonging Abramovich.
Jersey police have been searching properties on the island linked to the billionaire, law officers said.
Abramovich was named as the island's most wealthy resident in 2018.
He was also sanctioned by the UK government last month as part of its response to Russia's invasion of Ukraine.
By 1996, at the age of 30, Abramovich had become close to President Boris Yeltsin, and had moved into an apartment inside the Kremlin at the invitation of the Yeltsin family.[83]
In 1999, the 33-year-old Abramovich was elected governor of the Russian province of Chukotka.
Abramovich was the first person to recommend to
Yeltsin that Vladimir Putin be his successor as the Russian president.
March 10th, 2022 Abramovich had his UK assets frozen and a travel ban was put in place.
In late March 2022, it was reported that Abromavich was house-hunting in Dubai.
Prior to the 2008 financial crisis, he was considered to be the second richest person living within the United Kingdom.
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