Roman Abramovich, the Russian billionaire and former Chelsea Football Club owner, has assembled a “top tier” legal team, including a former White House advisor, as he prepares for a legal battle in Jersey.
UK Prime Minister Keir Starmer has urged Abramovich to “pay up now” and release roughly £2.5 billion from the Chelsea sale for Ukraine aid, threatening legal action could follow if he does not comply.
The dispute could determine whether billions of pounds will help aid for victims of Russia’s invasion of Ukraine.
The legal battle centres on more than £5.3 billion of Abramovich’s assets that have been frozen on the island of Jersey. These assets originate from offshore structures and trusts linked to the oligarch, parts of which include proceeds from the sale of Chelsea FC - funds Abramovich publicly pledged to a charitable foundation for Ukraine.
Abramovich's case reflects wider questions about how oligarch fortunes are structures and protected.
An investigative documentary by AnewZ, The Oligarch's Design, explores how offshore financial systems have allowed politically connected elites linked to Russian President Vladimir Putin, to move, shield and retain control over vast sums of money deemed to be used in Russia's invasion of Ukraine.
The Jersey government, acting under sanctions tied to the UK and EU have frozen Abramovich’s assets as part of an ongoing criminal investigation.
Part of the dispute involves the holding structures of the funds and whether Jersey acted lawfully in its proceedings.
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as ...
A U.S. submarine strike sank an Iranian warship off the coast of Sri Lanka, leaving at least 80 dead, the country&...
The election of Iran’s next supreme leader could provide an opportunity to end the ongoing regional war involving Israel, the U.S. and ...
U.S. Defense Secretary Pete Hegseth says the United States is making gains in its conflict with Iran after a key I...
The U.S. Department of Defense has released a video of a submarine strike on an Iranian warship off the southern Sri Lankan coast. At least 80 peop...
A U.S. submarine strike sank an Iranian warship off the coast of Sri Lanka, leaving at least 80 dead, the country’s deputy foreign minister said. Meanwhile, Iran postponed the funeral of its late Supreme Leader Ali Khamenei, according to state media.
The election of Iran’s next supreme leader could provide an opportunity to end the ongoing regional war involving Israel, the U.S. and Iran, Türkiye’s Foreign Minister Hakan Fidan has said.
U.S. Defense Secretary Pete Hegseth says the United States is making gains in its conflict with Iran after a key Iranian naval target was destroyed, confirming that the strike was carried out by a U.S. submarine off the coast of Sri Lanka. Rescue efforts are now under way for the ship’s crew.
The U.S. Department of Defense has released a video of a submarine strike on an Iranian warship off the southern Sri Lankan coast. At least 80 people died in the U.S. attack on the vessel, Sri Lanka's Deputy Foreign Minister said.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
U.S. first lady, Melania Trump chaired a UN Security Council meeting on children and education in conflict on Monday (2 March), a move criticised by Iran as hypocritical following U.S. and Israeli strikes that triggered a UN warning about risks to children.
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as the Iranian conflcit entered its fifth day on Wednesday.
The U.S. embassy in Riyadh was hit by two drones resulting in a limited fire and some material damage, the kingdom's defence ministry said in a post on X on Tuesday, citing an initial assessment.
Shahid Motahari Sub-Speciality Hospital in northern Tehran and parts of the Golestan Palace were bombed on day two of the U.S.‑Israel strikes. AnewZ Touraj Shiralilou is in Iran's capital city and said that the facility was flattened in an airstrike.
U.S. Defense Secretary Pete Hegseth says the United States is making gains in its conflict with Iran after a key Iranian naval target was destroyed, confirming that the strike was carried out by a U.S. submarine off the coast of Sri Lanka. Rescue efforts are now under way for the ship’s crew.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 4th of February, covering the latest developments you need to know.
Strikes across the Middle East are intensifying, fuelling travel disruption, driving up global energy prices and forcing diplomatic missions to shut their doors.
U.S. President Donald Trump has said the United States has a “virtually unlimited supply” of munitions and is capable of sustaining military action indefinitely, as the conflict with Iran entered its fourth day.
The United Nations has called for an investigation into a deadly attack on a girls’ primary school in Iran, which Iranian officials say has killed more than 100 children. The U.S. has said its forces “would not” deliberately target a school.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment