Sikka FM OnlineSikka FM Online

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Ghana star Christian Atsu trapped in rubble after massive earthquake in Turkey

    February 6, 2023

    Kwaku Asante: Bawumia mentioned e-levy once in his 2-hour speech, Why?

    April 16, 2022

    Catholic group pushes to ban release of new movie featuring lesbian nuns

    April 16, 2022
    Facebook Twitter Instagram
    Trending
    • Ghana star Christian Atsu trapped in rubble after massive earthquake in Turkey
    • No double-track system this year – Education Ministry
    • ‘Susu’ collectors go digital
    • Prince Harry, Meghan Markle to meet Queen and Prince Charles in London
    • Jackie Appiah shows off her plush Trasacco mansion; fans react
    • Rihanna and ASAP Rocky cheating and breakup rumors ‘1 million percent not true’
    • Autopsy begins on ‘Ekwueme’ hitmaker’s body, Senate demands justice
    • Sad news hits Dag Heward Mills
    Facebook Twitter Instagram
    Sikka FM OnlineSikka FM Online
    • News
    • Business
    • Politics
    • Entertainment
    • Sports
    • Education
    • World
    • Opinion
    • Media
      • Videos
      • Photos
    Sikka FM OnlineSikka FM Online
    Home»Sports»Court seizes $7bn of Roman Abramovich’s assets
    Sports

    Court seizes $7bn of Roman Abramovich’s assets

    By SikkafmApril 16, 20222 Mins Read

    Russian billionaire Roman Abramovich has had $7bn (£5.4bn) of assets linked to him frozen by a Jersey court.

    On Tuesday, Jersey Police searched premises suspected to be connected to Mr Abramovich’s business activities on the island, Jersey Law Officers’ Department said.

    The billionaire is on the UK sanctions list over Russia’s war in Ukraine.

    Channel Island Jersey follows UK policy and imposes sanctions on the same people.

    “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.

    Mr Abramovich was among several wealthy Russians added last month to the UK and European Union sanctions lists over Russia’s invasion of Ukraine, and governments have since been taking action to seize yachts and other luxury assets from them.

    The billionaire tried to sell Chelsea Football Club in March, but that process was taken out of his hands by the government after he was sanctioned.

    Earlier this month, the Caribbean nation Antigua and Barbuda said it was willing to help the UK seize yachts owned by Abramovich.

    Superyachts linked to the businessman, together worth an estimated $1.2bn, have also been docked in southwest Turkey, outside the jurisdiction of the EU and the UK.

    Share. Facebook Twitter WhatsApp Email

    Related Posts

    Sports

    Ghana star Christian Atsu trapped in rubble after massive earthquake in Turkey

    February 6, 2023
    Sports

    Otto Addo to lead Black Stars to 2022 World Cup – Reports

    April 16, 2022
    Sports

    FA Cup semifinal preview: Crystal Palace take on Chelsea as Man City face Liverpool

    April 16, 2022

    Comments are closed.

    What's Hot

    Ghana star Christian Atsu trapped in rubble after massive earthquake in Turkey

    February 6, 2023

    Kwaku Asante: Bawumia mentioned e-levy once in his 2-hour speech, Why?

    April 16, 2022

    Catholic group pushes to ban release of new movie featuring lesbian nuns

    April 16, 2022

    Elon Musk ‘not sure’ his takeover bid for Twitter will be successful

    April 16, 2022
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Sports

    Ghana star Christian Atsu trapped in rubble after massive earthquake in Turkey

    By SikkafmFebruary 6, 20230

    Ghana star Christian Atsu is reportedly trapped in rubble following the massive earthquake that hit…

    No double-track system this year – Education Ministry

    April 17, 2022

    ‘Susu’ collectors go digital

    April 17, 2022

    Prince Harry, Meghan Markle to meet Queen and Prince Charles in London

    April 16, 2022

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    Sikka 89.5 FM is an multilingual-speaking radio station that operates from Asokwa in Kumasi, the capital of Ashanti Region.

    Sikka Fm, Yeresom Asanteman. -- News, poltics, business sports, music, entertainment and local news. Read the news that matters most to you.

    Facebook Twitter Instagram YouTube WhatsApp
    Our Picks

    Ghana star Christian Atsu trapped in rubble after massive earthquake in Turkey

    February 6, 2023

    Kwaku Asante: Bawumia mentioned e-levy once in his 2-hour speech, Why?

    April 16, 2022

    Catholic group pushes to ban release of new movie featuring lesbian nuns

    April 16, 2022
    © 2023 Sikka Fm. Designed by NearDra Inc..

    Type above and press Enter to search. Press Esc to cancel.