
Share
24th February 2022
02:09pm GMT

However, Abramovich categorically denied that he is close to or has ties to the Kremlin, or that he has done anything that would merit sanctions being imposed against him.
The report adds that a senior source claimed that, should an attempt be made by the oligarch to apply for a permanent visa, it would 'almost certainly be rejected'. https://twitter.com/Naija_PR/status/1496805192406294530Mr Abramovich, who has owned Chelsea since 2003 but has never held UK citizenship, boasts an estimated wealth of £8.4billion.
The Russian possess a large property portfolio and a series of superyachts - one of which is the £450million Solaris, which has a missile detection system. A large proportion of his wealth is to be found in Evraz, which is a steel and mining giant listed on the London stock market.In the Commons on Tuesday, Mr Abramovich's name, as well as other oligarchs including Arsenal investor Alisher Usmanov, was read out by Liberal Democrat MP Layla Moran.
Foreign Secretary Liz Truss refused to say whether or not Mr Abramovich would be hit with sanctions, but suggested that other people would be.
"We have a long list of those complicit in the actions of the Russian leadership," she said.
"Should Russia refuse to pull back its troops, we can keep turning up the heat, targeting more banks, elites and companies of significance.
"This is about inflicting pain on Putin and degrading the Russian economic system over time, targeting people that are close to Putin. What we have to do is make it as painful as possible."
Truss also suggested that English teams should boycott the Champions League final if they make it that far over Russia's invasion of Ukraine. A report from AP on Thursday revealed that UEFA are to strip St Petersburg of the right to host this year's final, with a new venue to be decided in due course. Related links:Explore more on these topics: