Tag Archives: oligarch

Russian oligarch loses bid to have squatters evicted in Amsterdam

Russian oligarch loses bid to have squatters evicted in Amsterdam

Another squat in Amsterdam. Photo: DutchNews.nl A Russian oligarch who is included on the EU sanctions list has lost his bid to have squatters evicted from a property he owns in central Amsterdam because his assets have been frozen. The multi-million euro building on the Vossiusstraat, with a view over Vondelpark, was squatted in late October by a group saying they planned to live in it until the owner is allowed to do something with the property again. ‘They were building luxury apartments,… Source link

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There’s a conspicuous Russian oligarch still missing from the U.S. sanctions list

There’s a conspicuous Russian oligarch still missing from the U.S. sanctions list

The White House on Thursday announced a new wave of sanctions on over 400 Russian elites, including 328 members of Russia’s parliament, the Duma. But one figure remains conspicuously absent: Roman Abramovich. European and Canadian authorities have already sanctioned the billionaire, widely known for owning the Chelsea soccer club. But so far the U.S. has not followed suit, even as Abramovich holds a range of U.S. assets that could be seized — including a $50 million estate near Aspen and Source link

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Yandex gets oligarch backing for growth push

Yandex gets oligarch backing for growth push

Yandex, the Russian internet company, has raised $800m through a sale of new shares to US investors and a private placement to a consortium of Russian oligarchs and VTB Bank. Goldman Sachs acted as the sole adviser on the placing. As part of an $800m share sale, Yandex sold $200m of shares to US investors and placed $600m of shares in a private placing to VTB Capital, Chelsea football club owner Roman Abramovich  and Treliscope Ltd, … Source link

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