Oligarchs under EU and US sanctions linked to £200m in UK property

The Guardian says Oligarchs under sanctions in the EU and US have been linked to almost £200m of property in London and the home counties.

Oligarchs under EU and US sanctions linked to £200m in UK property

The Guardian says Oligarchs under sanctions in the EU and US have been linked to almost £200m of property in London and the home counties, a Guardian analysis has found, as Boris Johnson came under mounting pressure from Labour to step up financial curbs.

Among those hit with sanctions by the EU in recent days over Russia’s invasion of Ukraine are Mikhail Fridman and Petr Aven, who separately own mansions in London and Surrey. Both men stepped down from the board of their private investment group, LetterOne, on Tuesday.

Aven attended a business meeting with Vladimir Putin at the Kremlin last week, which his spokesperson said he was required to do. He bought the plot of Ingliston House in Virginia Water in the 2000s for an estimated £8m, and he has spoken of housing a vast art collection there. The property is owned through a company.

https://www.theguardian.com/world/2022/mar/02/oligarchs-under-eu-and-us-sanctions-linked-to-pounds-200m-uk-property-ukraine-invasion

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