Police in the Channel Islands have frozen nearly £5.4bn of Roman Abramovich’s assets.
The move comes as France freezes billions of euros worth of assets, including 33 properties. Among them is Abramovich’s £100m Château de la Croë in Cap d’Antibes near Nice, and the oligarch’s $100m villa in St Barthélemy, a French Caribbean island.
Three yachts, two cargo ships and six helicopters were frozen but not seized, as was the real estate.
Officials in Jersey said yesterday that the court had imposed a “saisie judiciaire”, or a formal restraining order, over Abramovich’s assets, either in Jersey or owned by the island’s incorporated entities.
Camberley International Investments, one of Abramovich’s main vehicles, has an address in St Helier, the island’s capital.
The UK has not yet seized any of Abramovich’s UK properties, which include a £120m mansion on Kensington Palace Gardens just behind the royal palace. His family have amassed a UK property collection valued at more than £250m, numbering about 70 homes, buildings and pieces of land.
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