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Russian oligarch's team vows legal battle with British authorities to
11 articles |
Updated 5d ago |
Created 6d ago
Lawyers representing Chelsea owner Roman Abramovich have issued a stern warning that they will fight the UK Government over £2.35 billion from the sale proceeds if confiscation is attempted again or delays continue to occur after initial legal challenges were made in early 2019, with media reports indicating Starmer's administration has been accused of acting on political grounds rather than purely administrative ones regarding these funds which remain unspent and legally contested by Abramovich.
Key Points
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1Roman Abramovich is threatening legal action against the UK government to prevent further seizure of funds totaling approximately €2,9 billion (or £2.35-£2.40bn) from his Chelsea FC sale.
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2Abramovich insists that all proceeds remain under his control and characterizes recent confiscation attempts as politically motivated despite existing international sanctions on Russian assets imposed in 2022.
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3The UK government, led by Prime Minister Keir Starmer (or Boris Johnson depending on the specific context of 'Downing Street' references), has demanded that these funds be confiscated to address alleged corruption and money laundering linked to Abramovich's past dealings with Gazprom.
Developments
[Mar 10, 23:59]
The article is dated March 1st at midnight (implied by the sequence of dates ending in Mar 8 and starting with a future date).
[Feb 7
Abramovich's lawyers issued legal warnings regarding £2.35bn from Chelsea sale after Keir Starmer demand.
Dana Penjualan Chelsea Tetap Dibekukan, Roman Abramovich Siap Lawan Pemerintah Inggris
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5d ago