The Financial Times said on Friday that two boats moored in Antigua could be seized, the latest assets to come under scrutiny as Western countries tighten sanctions against Russia's most prominent and wealthy elites.
Roman Abramovich has two boats in Antigua.
According to a letter seen by the FT, the British High Commission told Antiguan officials that two boats docked in the country were owned by billionaire Roman Abramovich.
The paper said that the letter confirms that the vessels were owned byAbramovich.
Antigua has previously said it will enforce U.S., EU and U.K. sanctions against Russian individuals and entities.
The vessels are worth about $38 million and $20 million, according to the FT.
The U.K. and EU have sanctions against him for his close ties to Russian President Putin.
A growing pile of assets from Russian elites that have been seized or frozen following the country's invasion of Ukraine include two helicopters owned by a Russian billionaire on the French Riviera last week.
Western nations have been ramping up sanctions against prominent Russian individuals and entities since Russia invaded Ukraine. Sanctioned individuals should have their bank accounts and assets frozen. The way the world's super wealthy structure their finances make it difficult to enforce restrictions. Many assets are hidden behind a complex of corporate structures to obscure ownership or minimize taxes, and the majority of oligarchs' wealth is largely untouched by sanctions.
A picture was taken this week of a man who was involved in peace talks between Russia and Ukraine. The billionaire says he has not done anything to warrant sanctions from the EU or the U.K. He was said to have been a victim of a suspected poisoning at previous talks, something that was denied by the Kremlin, which has a history of poisoning its opponents.
The Antiguan government confirms that Roman Abramovich has two boats moored on the island.
Why is there a peacemaker after Russia? TheGuardian
France has frozen the ownership of two helicopter that are linked to a Russian billionaire.
There is a guide to the private jets and helicopter.
Russia has a dark history of reportedly poisoning opponents.
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