The biggest freeze of assets in Britain: two partners of Abramovich fell under sanctions

The assets owned by these oligarchs are reportedly worth £10bn.

Assets of Abramovich's partners in the UK froze / collage UNIANAssets of Abramovich’s partners in the UK froze / collage UNIAN

Britain has announced sanctions against two more Russian oligarchs: Yevgeny Tenenbaum and David Davidovich, close associates of Roman Abramovich.

Chelsea FC director Eugene Tenenbaum and David Davidovich have been stripped of £10bn ($13bn) worth of assets, BBC reports .

British Foreign Secretary Liz Truss said it was the largest asset freeze in the country’s history. And this despite the fact that the total number of people who have fallen under British sanctions since February is 106 people.

Tenenbaum previously identified himself as one of Abramovich’s closest business partners. Corporate documents show that on February 24, he took control of Evrington Investments Limited, an investment company linked to Abramovich.

“We are tightening the ratchet of Putin’s war machine and targeting the circle of people closest to the Kremlin,” Truss said.

In the US, Abramovich’s private Gulfstream jet was effectively grounded as the US Department of Commerce said it was one of a number of sanctions-violating aircraft.

Recall that this week the court of the island of Jersey froze the assets of Roman Abramovich in the amount of 5.4 billion pounds.

(C)UNIAN 2022

3 comments

  1. I really hope that those assets will be handed over to Ukraine, and not only frozen to be released at a later date, otherwise such news is not worth jack shit.

    Liked by 2 people

  2. Don’t know what the US is doing inside Ukraine but here’s what the Brits are doing. A/K/A true friends, true leadership!!!!

    “The Times: British SAS troops ‘are training local forces in Ukraine.’ Ukrainian commanders told The Times that British Special Air Service troops have been “on the ground” in and around Kyiv training new and returning recruits to use NLAWs, anti-tank missiles sent by the U.K in February. The British Defense Ministry declined to comment.“

    Liked by 2 people

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