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INSANE: Petr aven - The Real Truth

'Security risk': Sanctioned Russian oligarchs buy stake in Scotland-based oil giant

THE UK Government is facing criticism after two sanctioned Russian oligarchs became part-owners of a Scotland-based oil company.

The National (Scotland)

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

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

The Guardian - UK

Two Russian oligarchs win court ruling over EU sanctions

European court of justice upholds challenge by Petr Aven and Mikhail Fridman, who remain on list for now

The Guardian - UK

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Tory party’s ex-chair to be paid to advise firm with links to sanctions-hit Russians

MP Brandon Lewis will be paid £250,000 a year by LetterOne, investment group 49% owned by two oligarchs

The Guardian - UK

Putin ally wired £3.7m into UK via Cyprus after Ukraine invasion, documents suggest

Petr Aven, a UK-based billionaire who owns a Surrey mansion, is under UK and EU sanctions

The Guardian - UK

Former Tory chair takes six-figure job at firm part-owned by sanctioned Russians

Brandon Lewis was given approval to take up advisory role at LetterOne which is 49% owned by oligarchs Mikhail Fridman and Petr Aven

The Guardian - UK

UK refused sanctioned Russian billionaire’s use of a personal driver because he was able to take the bus

Fridman's lawyers said he was also denied a $36,500 monthly allowance to maintain his $79 million North London Mansion.

Fortune

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Virgin Media O2 to snap up Russian oligarch-backed broadband firm

UK government forced sale of ‘alt-net’ broadband provider Upp on national security grounds

The Guardian - UK

Oligarchs fret about their assets as UK fights to keep tabs on their spending

A small part of the Treasury is charged with regulating the spending of sanctioned individuals – but faces a mountain of paperwork and criticism that it is being too lenient

The Guardian - UK

Alexei Navalny ally quits after urging EU to drop sanctions against oligarchs

Leonid Volkov resigns post at opposition leader’s Anti-Corruption Foundation after letters come to light

The Guardian - UK

£140,000 ‘basic monthly needs’ of oligarch, funded by his wife

Ekaterina Kozina is said to have been funding Petr Aven’s living costs, a court has heard

Evening Standard

£300m art collector oligarch accused of breaching sanctions by selling luxury cars

Petr Aven’s lawyers have accused the National Crime Agency of “sloppy homework”

Evening Standard

Uber hired oligarch-linked Russian lobbyist despite bribery fears

Leak shows firm made effort to court several billionaires and state officials allegedly aligned with Vladimir Putin

The Guardian - UK

The Moscow moves: how Mandelson’s firm helped Uber reach Russian elite

Leak shows how the former Labour minister used his access to pro-Kremlin oligarchs, including some now under sanctions

The Guardian - UK

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Radio France Internationale

France retains artworks from Russian Morozov collection due to Ukraine crisis

The Russian Morozov collection drew over one million visitors during its 6 month display at the Foundation Louis Vuitton in Paris. However, this remarkable feat has been overshadowed the French culture ministry’s decision to retain two of the works due to the war in Ukraine.

Reuters

Factbox-Seized or sailing away: What we know about oligarchs and their assets

The latest on Russia's oligarchs and their assets:

The Guardian - UK

White House says the US has evidence that the war against Ukraine has been ‘a strategic disaster’ – as it happened

Germany, France and the UK reject Russia’s demand to pay for gas in roubles; Kremlin announces further sanctions for EU leaders

Daily Mirror

Oligarch sanctioned by the UK complains his family 'don't understand how to survive'

Businessman Petr Aven, who is has been sanctioned by the UK government, has complained that he may not be able to take his cleaner or driver if kicked out of the UK

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Benzinga

Goldman Sachs Pauses Relations With Sanctioned Oligarch Linked PE Firm: FT

Goldman Sachs Group (NYSE:GS) and Kirkland & Ellis halted new business with Pamplona Capital Management, the Financial Times reports. Sanctioned oligarch Mikhail Fridman's LetterOne investment group accounted for 80% of the funds of the $9 billion private equity firm. Waystone, a Cayman Islands firm, resigned from every role with Pamplona funds on…

The Independent UK

Three sanctioned Russian oligarchs quit board of Jewish philanthropic group they founded

Billionaires Petr Aven, Mikhail Fridman, and German Khan have stepped down from Genesis Philanthropy Group after pledging $10m to help Ukraine

Reuters

Swiss seize holiday home in hurried clampdown on Russian oligarchs

Swiss authorities have seized a luxury mountain home believed to be owned by a Russian oligarch as bankers and officials work overtime to track assets of people linked to Moscow in retribution for the invasion of Ukraine.

Wales Online

Welsh politician refuses to step down from investment firm with strong links to Putin's Russia

Mervyn Davies is chairman of Letter One, which is is worth £17bn and its major shareholders are Russian oligarchs linked to the Kremlin, Petr Aven and Mikhail Friedman

The Guardian - UK

‘It’s artwashing’: can galleries wean themselves off Russian oligarch loot?

For years, Russian billionaires have had a huge presence in the art world, whether as collectors, benefactors ot board members. Now, however, the glitz has worn off

The Guardian - UK

Tate galleries cut ties with sanctioned billionaires after Ukraine invasion

Group severs relations with donors and supporters who were sanctioned by US and EU

The Guardian - UK

Three more Russian billionaires resign from LetterOne board

Two UK-based oligarchs had shares in Holland & Barrett owner frozen last week

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