ST. HELIER, Jersey — Authorities at this English Channel offshore financial hub are conducting a wide-ranging preliminary investigation into Roman AbramovichHis assets are held on the island, including whether a business partner helped the billionaire try to evade UK sanctions, according to people familiar with the situation.
The investigation, which has not been previously reported, is also looking into how Abramovich’s 1990s oil companies acquisitions made him rich in post-Soviet Russia, according to the people. these people. Jersey, where Mr. Abramovich has left large amounts of his fortune in recent years, is trying to determine if any of it was made illegally or by the trustees of his assets. he didn’t follow the rules, the people said. They say the investigation is still in its early stages and has not yet reached the point of becoming a formal investigation. Authorities have not charged anyone with misconduct.
https://www.wsj.com/articles/russian-oligarch-roman-abramovichs-offshore-wealth-is-focus-of-new-probe-11653384602?mod=pls_whats_news_us_business_f Russian Oligarch Roman Abramovich’s Offshore Wealth Is Focus of New Probe