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Abramovich’s house worth 10 million euros arrested in Portugal | News from Germany about Europe | DW

House of Russian oligarch arrested in Portugal’s Algarve Roman Abramovich worth 10 million euros newspaper Publico on Saturday, May 14th. According to the publication, 15 days before Russian invasion of Ukraine Millhouse Views LLC, owned by Abramovich’s investment holding, tried to sell the property, but the Portuguese state banking corporation Caixa Geral de Depósitos reported it to the police. At the request of the Ministry of Foreign Affairs Portugal property registration has been frozen since 25 March.

After the start of the war in Ukraine, Roman Abramovich fell under tough sanctions European Union and UK. His assets, including the London football club Chelsea, were frozen. Then Abramovich signed an agreement to sell the club to a consortium that includes American businessmen Todd Boeli and Mark Walter, Swiss billionaire Hansjörg Wyss and investment company Clearlake Capital.

Freeze of Abramovich’s assets

In mid-April, the court of the British island of Jersey froze assets totaling $7.3 billion related to Roman Abramovich. This is more than half of the oligarch’s fortune, which is estimated at $13.9 billion. In addition, the French authorities confiscated Abramovich’s $120 million mansion on the Riviera. According to the Daily Mail, this is one of 12 French residences confiscated from Abramovich.

At the same time, the Russian billionaire managed to withdraw two luxury properties outside the EU. yachtswho were under threat of arrest.

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