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UK freezes assets of Abramovich's partners

15 April 2022 10:02

The assets of the partners of the Russian oligarch Roman Abramovich were frozen in the UK. Chelsea Football Club director Eugene Tenenbaum and David Davidovich have been stripped of £10bn ($13bn) worth of assets.

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, according to the BBC

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.

Truss said: "We are tightening the ratchet of Putin's war machine and targeting the circle of people closest to the Kremlin."

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.

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