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Roman Abramovich’s jet lands in Israel

by Index Investing News
March 14, 2022
in Financial
Reading Time: 2 mins read
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Russian oligarch Roman Abramovich’s personal jet has landed at Ben Gurion airport, after taking off earlier in the present day from Moscow, in line with knowledge revealed on websites that observe international aviation. It isn’t clear if the billionaire himself was on board. 

Although Abramovich has Israeli citizenship, his presence in Israel on the present time might place the Israeli authorities at odds with the US and EU. Abramovich, who additionally has Portuguese in addition to Russian citizenship, is the main target of worldwide sanctions, due to his shut ties with the Kremlin and big wealth created from firms previously owned by the Russian authorities.




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Abramovich has actual property property and investments in Israel and is a significant donor to Israeli well being, training and different establishments, together with Yad Vashem, which has reportedly suspended collaborations with him.

Due to the sanctions imposed on him, Abramovich is unable to enter the UK, the place he has spent a lot of his time over the previous 20 years. In Portugal, an investigation has opened in opposition to the rabbi of the Porto Jewish neighborhood for his involvement within the course of that led to Abramovich being granted Portuguese citizenship, resulting from his supposed Portuguese Jewish heritage.

Abramovich’s personal jet was till a number of days in the past in Turkey, from the place it flew to Moscow on Friday, and now has landed in Israel. Abramovich’s personal jet is a Gulfstream registered in Luxembourg, beneath the decision identify of LX-RAY.

In its sanctions on Abramovich, the UK authorities mentioned that he has had shut relations to Russian President Vladimir Putin for many years. The UK authorities mentioned that Evraz, the corporate that Abramovich owns, has been offering enormous income to the Russian authorities, which is getting used for the conflict in opposition to Ukraine.

Abramovich had estimated wealth of over $15 billion earlier than sanctions had been imposed on him. He had been making an attempt to promote Chelsea FC, the English Premier League membership that he owns, which he had positioned in belief, earlier than the sanctions had been imposed on him.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on March 13, 2022.

© Copyright of Globes Writer Itonut (1983) Ltd., 2022.




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