Jersey court seizes $7bn of Roman Abramovich’s assets
The Channel Island is the latest jurisdiction to crack down on the Russian billionaire …
“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 of US$7bn which are suspected to be connected to Mr Abramovich and which are either located in Jersey or owned by Jersey incorporated entities,” the Jersey Law Officers’ Department said.
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