Featured image of post Russian oligarch Roman Abramovich has $7 billion in assets frozen in Jersey in latest Ukraine fallout

Russian oligarch Roman Abramovich has $7 billion in assets frozen in Jersey in latest Ukraine fallout

The freezing of assets of Roman Abramovich in Jersey is the latest financial hit to that Russian oligarch as a result of the Ukraine war.

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The freezing of assets of Roman Abramovich in Jersey is the latest financial hit to that Russian oligarch as a result of the Ukraine war.

Highlights

  • Roman Abramovich’s assets frozen in Jersey.
  • It is the latest financial fallout for that Russian oligarch as a result of the Ukraine war.
  • The actions come a month after the UK announced financial sanctions against the 56-year-old.
  • It was not clear if the 50-meter-long Aquamarine, which remains in dry dock in the Netherlands, is one of the assets frozen by Jersey authorities in that country.
  • The Guardian newspaper last week reported that Abramovich shifted his ownership of a superyacht, “Aquamarine,” to a company based in Jersey that is controlled by an associate of his, David Davidovich, on the same day that Russia invaded Ukraine.