UK sanctions two of Roman Abramovich's business associates

UK sanctions two of Roman Abramovich's business associates

UK has sanctioned two key Russian oligarchs connected to Russian billionaire Roman Abramovich, freezing up to $13 billion of assets linked to Eugene Tenenbaum and David Davidovich in the largest asset freeze action in UK history, the Foreign Office said, Qazet.az reports.

Tenenbaum is one of Abramovich’s closest associates and was previously a top executive at Sibneft, the Russian oil company sold by Abramovich in 2006, according to Chelsea Football Club, where he is a director. The Foreign Office said he took over an investment company with ties to Abramovich on Feb. 24, the day Russia invaded Ukraine.