Abramovich

Lawyers for oligarch claim freezing of £5.3bn of assets ‘unfair and abusive’ amid row over use of funds for Ukraine Roman Abramovich has gone to the European court of human rights (ECHR), claiming that a criminal investigation into his financial affairs by the Jersey authorities has breached his human rights, according to reports.The former owner of Chelsea FC, who is sanctioned in the UK over his links to Vladimir Putin, is under investigation in Jersey over allegations of corruption and money laundering. Continue reading...

Russian billionaire accused of missing ‘last chance’ to release money to help victims of Ukraine warUK officials are preparing for a possible court case against Roman Abramovich after he missed a deadline to release £2.4bn he raised from selling Chelsea FC.The Russian billionaire failed to hand over the money by the deadline of 17 March, amid a dispute over how it will eventually be used. Continue reading...