The UK Charity Commission opened an investigation into two charities founded by Viatcheslav Moshe Kantor, a Russian oligarch who was sanctioned in April after the invasion of Ukraine.
Acron, one of Russia's largest fertilizer producers, is a major stakeholder in Kantor, who is currently ranked as Russia's 13th richest person.
The UK's Foreign, Commonwealth and Development Office claimed that Acron maintains vital strategic significance for the Russian government.
The World Holocaust Forum Foundation and the Kantor Charitable Foundation are under investigation. The UK charity commission said Friday that it has frozen the Kantor Foundation's bank account, meaning that no one can access or move funds held in its account without the Commission's prior consent.
King Edward VII's Hospital, a private facility in London used by the Queen and royal family, received over $10 million in donations from the Kantor Charitable Foundation.
The hospital used the funds to build a new outpatient center named after Kantor, which opened in January 2022.
The donation was used to develop an outpatient and diagnostic centre which is already benefiting our patients.
He indicated that he is content that his name is no longer used in relation to the decision to step back completely from all charitable activity in the UK.
The European Jewish Congress was shocked and appalled by the UK's decision to sanction Kantor, who served as the organization's president.
The EJC said in a statement on April 6 that Dr. Kantor is a British citizen who has lived in Western Europe for over three decades.
The Russian elite cannot wash their hands of the atrocities committed on Putin's orders, according to the Foreign Secretary of the UK.