‘Publicity stunt’ claims against Shapps as Abramovich ally’s sanctions challenge fails at top court Legal Eugene Shvidler claims the Supreme Court rejection of his UK sanctions appeal brings him back to the USSR 36 years after he left 'as a stateless refugee'
Russia sanctions under spotlight in landmark case with Abramovich ally Legal UK Russian sanctions will be under the scope at the Supreme Court today as Eugene Shvidler seeks to remove the sanctions against him
UK impounds another jet with links to Russia The UK has impounded another jet linked to Russia and prevented it from flying, transport secretary Grant Shapps announced today. “This morning I’ve prevented the use of another jet that has links to Russian oligarchs,” Shapps tweeted. “We won’t stand by and watch those who’ve made millions through Putin’s patronage live their lives in peace [...]
UK prohibits maintenance on Russian oligarchs’ planes and ships March 30, 2022 The UK Government announced today it has prohibited maintenance works on aircraft or ships belonging to Russian oligarchs sanctioned over ties with Putin. Laid in Parliament today as a Statutory Instrument, the new legislation hit already Russian businessmen Eugene Shvidler, whose aircraft have been detained since last week, and TCS Group founder Oleg Tinkov. Foreign [...]
UK Government seizes Russian-owned £38m super yacht in Canary Wharf March 29, 2022 The UK seized a £38m Russian-owned super yacht in Canary Wharf, transport secretary Grant Shapps said today. Officers from the National Crime Agency issued a detention order after they uncovered the owner’s identity despite it being “deliberately well hidden.” Named Phi, the vessel was built in the Netherlands and carried a Maltese flag while the [...]
UK Government detains jets of Russian oil tycoon Eugene Shvidler March 26, 2022 The UK Government announced today it has seized two jets belonging to Russian oil tycoon Eugene Shvidler as part of its crackdown against Putin’s allies. Transport secretary Grant Shapps said the two planes, impounded at Farnborough and Biggin Hill airports for the last three weeks, would be “detained indefinitely.” “Putin’s friends who made millions out [...]
Total value of Russian-linked assets frozen by the UK at £500bn March 24, 2022 The value of UK assets seized from individuals and organisations with links to Russia now stands at £500bn. Foreign Secretary Liz Truss made the announcement on Thursday, as 65 more targets for asset freezes were hit by the UK government. Among the key individuals and firms hit by the latest round of sanctions, are the [...]
Falling metal prices drive down Highland Gold first-half profits September 18, 2013 HIGHLAND Gold, the Russian gold producer part-owned by oligarch Roman Abramovich, yesterday said first-half net profit fell by almost 65 per cent year-on-year to $17m (£10.6m) due to a steep fall in the gold price. Gold, which has seen its price plummet over 15 per cent this year, currently trades around $1,300 an ounce, compared [...]