Jersey freezes $7bn of Roman Abramovich's assets

Mark Battersby
clock • 1 min read

The Royal Court of Jersey has frozen $7bn worth of assets linked to Russian oligarch Roman Abramovich as part of its sanctions policy in line with the UK Government over the war in Ukraine.   The Jersey Law Officers' Department said in the statement on 13 April: "Search warrants were executed by the States of Jersey Police on Tuesday 12 April 2022 at premises in Jersey suspected to be connected to the business activities of Roman Abramovich.  "The Royal Court also imposed a formal freezing order on 12 April, known as a saisie judiciaire, over assets understood to be valued in excess o...

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