Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Jersey police admit unlawfully searching premises linked to Roman Abramovich

Jersey police admit unlawfully searching premises linked to Roman Abramovich

Police on Jersey have admitted they conducted unlawful searches at premises allegedly linked to Russian billionaire Roman Abramovich and have agreed to pay damages and apologise.
Police on Jersey have admitted they conducted unlawful searches at premises allegedly linked to Russian billionaire Roman Abramovich and have agreed to pay damages and apologise, according to a legal document seen by Reuters.

After President Vladimir Putin ordered the invasion of Ukraine on Feb. 24, the West slapped the most severe sanctions in history on Russian officials and Russian businessmen, freezing hundreds of billions of dollars in assets.

On April 12, the Royal Court of Jersey imposed a formal freezing order on $7 billion worth of assets linked to Abramovich, who made a fortune in the chaos of the 1990s, and police carried out searches of premises suspected of being connected to Abramovich.

But the legality of the search warrants issued the same day was challenged by the companies searched. Two search warrants were issued for the search of premises alleged to be connected to Abramovich's business activities.

In a consent order dated Nov. 9 and confirmed by two sources, Jersey police acknowledged that "the search warrants were obtained unlawfully" and agreed "that the search warrants should be quashed," according to a copy of the document seen by Reuters.

Jersey police did not respond to a written request for comment.

The police also agreed to pay damages and costs, confirmed that all copies of documents seized in the searches had been destroyed and that the police would apologise to Abramovich, the document said.

"Mr Abramovich has always acted in accordance with the law, we are pleased that the Jersey Police have conceded in relation to these unlawful and unfounded searches," Abramovich's spokeswoman said.

It was not immediately clear what impact the admission of unlawful searches would have on the $7 billion freeze.

Abramovich, who also holds Israeli citizenship, was one of the most powerful businessmen who earned fabulous fortunes after the 1991 break-up of the Soviet Union. Forbes has put his net worth at $8.7 billion.

A commodity trader who thrived in the post-Soviet disorder of the 1990s under then-President Boris Yeltsin, Abramovich acquired stakes in the Sibneft oil company, Rusal aluminium producer and Aeroflot airline that were later sold.

Under Putin, Abramovich served as governor of the remote Arctic region of Chukotka in Russia's Far East. He has been involved in attempts to find a negotiated settlement to the war, thus far without any success.

Britain has sanctioned Abramovich, casting him as a "pro-Kremlin oligarch."

"Abramovich is associated with a person who has been, and is, involved in destabilising Ukraine and undermining and threatening the territorial integrity, sovereignty and independence of Ukraine, namely President Vladimir Putin," according to the UK Sanctions List.

Supporters of Abramovich, who never gives interviews, say that such assertions are unproven and fail to understand the business climate of post-Soviet Russia.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
German Finance Minister Criticizes Trump’s Attacks on Institutions
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
U.S. Tariffs Surge to Highest Levels in Nearly a Century Under Second Trump Term
Ong Beng Seng Pleads Guilty in Corruption Case Linked to Former Singapore Transport Minister
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
Italy Fines Shein One Million Euros for Misleading Sustainability Claims
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
Declassified Annex Links Soros‑Affiliated Officials and Clinton Campaign to ‘Russiagate’ Narrative
UK's Online Safety Law: A Front for Censorship
Parents Abandon Child at Barcelona Airport Over Passport Issue
Bus Driver Discovers Toddler Hidden in Suitcase in New Zealand
Switzerland Celebrates 734 Years of Independence Amid Global Changes
China Enforces Comprehensive Ban on Cryptocurrency Activities
Grok 4 Video plus Voice, can identify wildlife!
George Soros tells the World Economic Forum: "President Trump is a con man and the ultimate narcissist, who wants the world to revolve around him."
Hamas are STARVING the hostages.
The UK Does Not Have a ‘Far-Right’ Problem
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
JD Vance Warns Europe Faces “Civilizational Suicide” Over Open Borders and Speech Limits
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
Trump Administration Finalizes Broad Tariff Increases on Global Trade Partners
JD.com Launches €2.2 Billion Bid for German Electronics Retailer Ceconomy
Azerbaijan Proceeds with Plan to Legalise Casinos on Artificial Islands
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
House Republicans Move to Defund OECD Over Global Tax Dispute
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
Intel Reports Revenue Beats but Sees 81% Rise in Losses
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
CEO Resigns Amid Controversy Over Relationship with HR Executive
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
Tulsi Gabbard Unveils Evidence Alleging Political Manipulation of Intelligence During Trump Administration
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Trump Announces Coca-Cola to Shift to Cane Sugar in U.S. Production
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
×