Article 5WN6E Russian billionaire on EU sanctions list quits as Royal Academy trustee

Russian billionaire on EU sanctions list quits as Royal Academy trustee

by
Ben Quinn
from World news | The Guardian on (#5WN6E)

Exclusive: Petr Aven's donation returned after he was called one of Putin's closest oligarchs in the list

A Russian billionaire named in EU sanctions as one of Vladimir Putin's closest oligarchs" stepped down on Tuesday as a trustee of the Royal Academy, which has also returned a donation he made towards a Francis Bacon exhibition.

The RA - which had had been among UK cultural institutions and bodies facing calls to sever ties with Russian oligarchs after Russia's invasion of Ukraine - said that the billionaire banker Petr Aven would be stepping down with immediate effect.

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