Russian billionaire Roman Abramovich has been hit with a UK travel ban and asset freeze, as Britain tightens the screws on oligarchs with close ties to Russian President Vladimir Putin amid backlash to the Ukraine invasion. Abramovich’s name features alongside six other wealthy Russian businessmen that have been added to the UK sanctions list, according…
Russian Billionaire Roman Abramovich and 6 Others Hit With Asset Freezes and Travel Bans
March 10, 2022
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Business & Economyeconomic policieseconomyEuropeInternationalMarketsoligarchRoman AbramovichRussia-Ukraine WarRussian billionaireUKWorld
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Russian Billionaire Tinkov Agrees to Pay $500 Million Over US Tax Charges
MOSCOW—Billionaire Oleg Tinkov, whose online bank is Russia’s second-biggest credit card issuer, pleaded guilty on Friday to filing a false U.S. tax return and agreed to pay $507 million in taxes, interest, and penalties, the U.S. Department of Justice said. He had been accused of concealing $1 billion in assets and income when renouncing his…
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