Contents tagged with Abramovich

  • Russian tycoon Abramovich donates $5 million to combating anti-Semitism

    Billionaire Roman Abramovich has donated $5 million to the Jewish Agency for Israel (JAFI), an organization that assists with repatriation to Israel and the fight against anti-Semitism, The Jerusalem Post reports. A representative of Abramovich has confirmed this information.

    The oligarch made the donation in light of the growing anti-Semitic attitudes in Europe, the US and other parts of the world, the Post notes. “I applaud Roman Abramovich for taking strong initiative to combat antisemitism …

  • Billionaire Abramovich dumps Russian assets in preparation for sanctions

    The billionaire Roman Abramovich, who was blacklisted by the US in April last year, had his British visa revoked and was forced to acquire an Israeli passport in the summer, has systematically been selling off his Russian assets.

    On 7 March, Abramovich, the 11th wealthiest person in Russia with $10.8 billion, sold the Russian bank VTB his 20% share in Channel One that he had owned since the early 2000s, after acquiring a package of shares from Boris Berezovsky.

    One week later, on 13 March, …

  • UK ratifies Kremlin-linked oligarch blacklist

    The British government has made and approved a blacklist of oligarchs close to the Kremlin whose freedom of movement in the UK and the rest of Europe will be restricted.

    The list, which was recently signed by British Prime Minister Theresa May, includes Rosneft executive chairman Igor Sechin, Evraz co-owner Arkadiy Abramovich, MegaFon primary shareholder Alisher Usmanov, Rusal owner Oleg Deripaska, as well as the brothers Arkady and Boris Rotenberg, who have all amassed wealth from Russian …

  • Swiss court allows disclosure of reasons for the refusal of Abramovich's residence permit

    The Swiss Supreme Court lifted restrictions on the disclosure of for the reasons why Russian businessman Roman Abramovich failed to obtain a residency permit in the country.

    The court rejected Abramovich's arguments that the disclosure of such information could damage his reputation.

    In September, the Swiss authorities refused to allow Abramovich to obtain a residence permit fearing that his stay in the country could pose a "threat to public safety" and cause "reputational damage". According …

  • Switzerland denies residency to Russian tycoon Abramovich

    The Swiss authorities denied this country’s residence permit for Russian businessman Roman Abramovich. The Federal Office of the Criminal Police concluded that his presence in the country is undesirable, reported Swissinfo.

    According to law enforcement officers, Abramovich's presence is "a source of possible threats to the country’s public safety," as well as can cause a "reputational damage for Switzerland."

    Earlier, the businessman filed suits against the publishing holding Tamedia …