Abramovich rewritten assets for children shortly before the start of the Russian Federation with Ukraine - the media
It is reported that 10 secret offshore trusts created in favor of Abramovich was quickly reorganized in early February 2022. The publication writes that seven children of Abramovich, the younger of whom were 9 years old, have become beneficiaries of trusts with assets worth at least $ 4 billion, although the total cost can be much higher.
Changes seem to have made children the ultimate beneficial owners of trophy assets, which have long been related to their father, given the luxurious real estate and the Super Drill, helicopter and private aircraft. Experts believe that a broad reorganization of trusts can complicate efforts to ensure the sanctions against Abramovich and potentially disrupt attempts to freeze the assets that were previously considered him.
Journalists write that this revelation will probably raise the question of whether the children of Abramovich should also fall under sanctions. It is reported that, in view of all, the documents were obtained by breaking an offshore service provider based in Cyprus, who runs the trips of Abramovich.
Files illustrate how Abramovich has used opaque trust structures for decades to cover his wealth in secret offshore harbor, and pointing to the problems faced by Western governments, penetrating these complex structures to ensure sanctions. The experts said the changes could be deliberate but not illegal attempt to remove the oligarch from its wealth to the imposition of sanctions.
The reorganization, according to them, can create problems for the authorities that have been considered by Abramovich's assets, because they determine who actually owns and controls a multi -billionaucracy: the oligarch or his children. Abramovich and his children did not respond to journalists' requests.
The publication writes that the governments of the United Kingdom and the EU have recognized Roman Abramovich with the Prokremlovsky oligarch and in March 2022 imposed sanctions against him for benefited from his close relations with Putin. Abramovich denies financial relations with the Kremlin and sued to abolish the EU. Journalists write that Abramovich, who has Russian, Israeli and Portuguese citizenship, has not been included in the US sanctions.
The material said that Ukraine asked the White House not to impose sanctions against it after a businessman became an unofficial mediator in peace talks between Kiev and Moscow at the beginning of the war. However, the United States was reportedly arrested by Abramovich's 2 private planes for violation of export control. At the same time, the FBI stated that Abramovich reorganized two trusts, one of which belonged to the captured aircraft, making their children with beneficiaries.
Roman Abramovich is a Russian entrepreneur, billionaire and statesman. He held the position of governor of Chukotsky Autonomous District of the Russian Federation. It is under the sanctions of the United Kingdom, the European Union, Canada, Australia, Switzerland, New Zealand, and from November 2022 Ukraine. Earlier, Focus wrote that Canada began the confiscation of Roman Abramovich's assets.
The Government of Canada stated that Russian oligarchs are associated with a full -scale invasion of Ukraine. The country does not want to be asylum for their dishonest ways. Also we will remind that journalists found that Abramovich and Saudi prince participated in negotiations on one of the exchanges of captives.