Article 6PJVE Billionaire Putin ally forfeits £750,000 in UK sanctions case

Billionaire Putin ally forfeits £750,000 in UK sanctions case

by
Simon Goodley
from World news | The Guardian on (#6PJVE)

NCA said forfeiture of cash belonging to Petr Aven was first time it has recovered, rather than frozen, sanctioned funds

A UK aide to one of Vladimir Putin's closest" oligarchs has agreed to forfeit more than 750,000 after a two-year investigation into sanctions dodging.

Cash belonging to Petr Aven - a tycoon closely linked to Russia's president for about three decades - had previously been frozen in 2022, shortly after the businessman was sanctioned by the UK for supporting the Kremlin in the wake of Russia's invasion of Ukraine.

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