Categories: TOP 2 WORLD

Children of Russian businessman Roman Abramovich help their father circumvent sanctions using Lithuanian passports

The oligarch passed on a significant share of his wealth to his children, who are citizens of Lithuania.

Lithuanian children's passports help Russian oligarch Abramovich avoid sanctions. reports on this .

Two children of a Russian oligarch used Lithuanian passports to take control of part of their father's fortune. This likely protected Abramovich from the impact of sanctions. According to leaked documents, this happened just a few weeks before the imposition of sanctions restrictions.

Abramovich's seven children received partial or full ownership of trusts totaling approximately US$4 billion. This happened in February 2022, when, against the backdrop of a possible Russian invasion of Ukraine, the UK and the US threatened to impose sanctions against Russian oligarchs.

Anna and Arkady, who received Lithuanian citizenship, received just over half of the shares of Grano Trust. This amount allows them to be included in the list of the 500 richest Lithuanians. There is nothing illegal about transferring assets. But a Lithuanian political scientist says the country's residents are uneasy at the suggestion they only needed citizenship to protect Abramovich's money.

The leaked documents show that his son's passport has expired. But it is unknown whether the document was continued in effect.

legenda

Recent Posts

Employees of a fraudulent call center network detained in Russia: details

In Russia, managers and employees of a “branch” of an international network of call centers were exposed. This was reported by RBC-Ukraine...

1 day ago

Why did the judicial “under-reformer” Mikhail Zhernakov decide to criticize the legal profession?

Mikhail Zhernakov is one of the most public figures in the field of judicial reform in Ukraine, which...

1 week ago

The pointless “book club” of the Ministry of Culture

The ministry spent tens of millions on printing unnecessary books in “its” publishing houses. The Ministry of Culture during...

2 weeks ago

More than two state budgets. How money is withdrawn from Ukraine

Over more than 30 years of independence, at least $100 billion has been withdrawn from Ukraine abroad,...

2 weeks ago

“Decided” by the tax office Andrei Gmyrin organized a business with Russians and relatives of judges

Remember the former head of the Tax Service of Ukraine, Roman Nasirov, who wrapped himself in a blanket, pretending to be seriously ill in...

2 weeks ago

Are raider Astion and businessman Kosyuk bankrupting a well-known agricultural holding through the courts?

The famous raider Vasily Astion deliberately destroys the famous agricultural enterprise Complex Agromars LLC in the interests of the owner...

2 weeks ago

This website uses cookies.