Roman Abramovich transferred superyachts and private jets worth $4 billion to his children just before the Ukraine invasion, report says
reported, citing files it obtained alongside the Organized Crime and Corruption Reporting Project.
The shuffling of assets were detailed in hacked files from Cypriot company MeritServus, which managed the former Chelsea FC owner's finances for two decades, per the reports. Demetris Ioannides, the chairman of MeritSevus, didn't respond to The Guardian's requests for comment but said:"The paramount responsibility of a trustee is to protect the assets of a trust."
Companies controlled by Abramovich's trusts had assets worth $2.5 billion at the end of 2021, per the reports., to more than $7 billion.of two private jets in February worth $400 million to his children via two trusts that control a web of shell companies, an FBI agent claimed in June.
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