Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Sunday, Feb 25, 2024

Roman Abramovich: Labour MP urges government to seize Russian billionaire's assets

Roman Abramovich: Labour MP urges government to seize Russian billionaire's assets

The government should seize the assets of Russian billionaire Roman Abramovich, a Labour MP has said, citing concerns about alleged links to corruption.

Chris Bryant told MPs he had a leaked Home Office document which suggested the Chelsea Football Club owner should not be able to base himself in the UK.

Mr Bryant said it was written in 2019 and "little" had been done since then.

A spokesperson for Mr Abramovich declined to comment.

Replying to Mr Bryant, senior minister Mark Spencer said the government had taken "very strong action against high-profile Russian individuals who are of concern".

Downing Street would not be drawn on the claims about Mr Abramovich made in the Commons. The PM's spokesman said: "I couldn't comment on individuals in that way or on leaked documents of that type."

Earlier this week the government announced it would impose sanctions on three billionaires with close links to President Vladimir Putin as part of the UK's response to Russia's actions in Ukraine.

Mr Abramovich is one of Russia's richest people and is believed to be close to President Putin.

Speaking in the House of Commons, Mr Bryant urged the government to take action against Mr Abramovich, including removing his ownership of Chelsea Football Club and seizing his assets.

Quoting from the leaked Home Office document, he said: "'As part of HMG's [Her Majesty's Government] Russia strategy aimed at targeting illicit finance and malign activity, Abramovich remains of interest to HMG due to his links to the Russian state and his public association with corrupt activity and practices. An example of this is Abramovich admitting in court proceedings that he paid for political influence. Therefore HMG is focused on ensuring individuals linked to illicit finance and malign activity are unable to base themselves in the UK and will use the relevant tools at its disposal, including immigration powers to prevent this'."

Mr Bryant noted that the document had been produced three years ago and said: "Surely Mr Abramovich should no longer be able to own a football club in this country?

"Surely we should be looking at seizing some of his assets including his £152m home?"

Mr Abramovich with then-Chelsea captain Frank Lampard in 2005


As well as owning Chelsea, Mr Abramovich is also the primary owner of the private investment company Millhouse LLC.

He built his fortune in oil following the collapse of the former Soviet Union in the 1990s.

In 2018, Mr Abramovich experienced delays when applying to extend his visa to stay in the UK and eventually withdrew his application.

In October 2021, the businessman's spokesperson confirmed he travelled to London as an Israeli citizen - therefore entering the United Kingdom without the need for a visa.

Tier 1 investor visas, offering foreign investors fast-track residency in the UK, are being scrapped with immediate effect, Home Secretary Priti Patel confirmed last week.

Newsletter

Related Articles

Hong Kong News
0:00
0:00
Close
It's always the people with the dirty hands pointing their fingers
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
'I am not your servant': IndiGo crew member, passenger get into row over airline meal
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
BMW driver…
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
×