UK allowed sanctioned Abramovich associate to sell £16m mansion

1 year ago 34

Former Chelsea FC director Eugene Tenenbaum says proceeds from sale were frozen in line with government sanctions regime

A close associate of Roman Abramovich was given permission by the Treasury to sell his Surrey mansion for £16m, a month after the government designated him for UK sanctions and froze all his assets.

The Guardian can reveal the government agreed to allow the former Chelsea Football Club director Eugene Tenenbaum to sell Park Hill, in Weybridge’s exclusive St George’s Hill estate, under a licence issued by sanctions officials on 12 May 2022. Tenenbaum was added to the UK sanctions list on 14 April last year.

Continue reading...
Read Entire Article