Roman Abramovich, owner of Chelsea, will appear on the stand during the Chelsea-Sunderland Barclays Premier League match at Stamford Bridge on December 19, 2015 in London, England.
Clive Mason | Getty Images
A federal judge in New York signed a warrant on Monday authorizing the seizure of two jets owned by Russian oligarch Roman Abramovich by the Justice Department. This is worth over $ 400 million.
In a related proceeding, the Department of Commerce’s Industry Department has launched an administrative procedure against Abramovich seeking penalties up to twice the value of an aircraft.
Seizure efforts and administrative complaints are the latest in a series of sanctions and economic attacks on Russian billionaires by the US government and other Western nations. Ukrainian invasion..
Jet plane tied to Abramovich near the Russian president Vladimir Putinrange Boeing According to a document filed with the US District Court in Manhattan, the 787-8 Dreamliner and Gulfstream G650ER.
Prosecutors said both planes flew to Russia in March, in violation of US export restrictions imposed following Russia’s attack on Ukraine. These restrictions prohibit the export, re-export, or domestic transfer of US-made aircraft and aircraft parts and components to or within Russia without a BIS license.
The BoeingIt’s worth a whopping $ 350 million, according to court records, but is currently in Dubai, United Arab Emirates.
According to court records, Gulfstream is in Russia.
Russian billionaire and businessman Roman Abramovich will attend a meeting with representatives of the business community and business associations in the Kremlin on December 19, 2016 in Moscow, Russia.
Mikhail Svetlov | Getty Images
According to an affidavit filed by the FBI agent, Abramovich “owned and / or controlled Gulfstream and Boeing through a series of shell companies.”
The graph detailing the ownership of the plane lists Abramovich as the beneficiary of the entity named “European Settlement Trust” in Cyprus. The company owned and controlled an entity called Wotten Overseas Holdings Ltd. in Jersey, an island country.
According to the affidavit, Watton owned a jersey-based shell company called Clear Skys Flight Limited, which owned Gulfstream.
Wotton also owns Wenham Overseas Limited, another shell company that owns Boeing Jet, based in the British Virgin Islands.
During April Jersey authorities have frozen assets worth more than $ 7 billion Suspected of being connected to Abramovich.
Jersey, part of the Channel Islands off the coast of Normandy, France, is an autonomous nation, head of state Queen Elizabeth II of the United Kingdom.
Britain provides military protection to the island.
A week after Russia invaded Ukraine in late February, Abramovich Selling the famous London professional soccer club ChelseaHe has owned it for almost 20 years and is using his proceeds to “benefit all the victims of the war in Ukraine”.
British government May approve Chelsea sale to Todd Boehly, Co-owner of the Los Angeles Dodgers Professional Baseball Team, for over $ 3 billion. This is reportedly the highest price ever paid to a sports team.
