The United States and European nations have stepped up a crackdown on Russian oligarchs following Putin’s 24 February invasion of Ukraine, which triggered a slew of western sanctions.
Kerimov, originally from the Russian republic of Dagestan in the Caucasus, rose to become one of the world’s richest people after the fall of the Soviet Union. His family controls major gold producer Polyus. The Group of Seven industrial democracies on Sunday agreed on a ban on gold exports from Russia.
The Bloomberg Billionaires Index, in newly updated figures, ranked him as the world’s 127th richest person with a worth of $13.3bn.he was arrested by French authorities upon flying to NiceRussia summoned a French envoy to protest and the charges were eventually dismissed but French prosecutors reopened an investigation in 2019.
BBC News in April said it had seen leaked documents showing Kerimov’s elaborate efforts to hide his wealth, which allegedly included putting a Swiss tattoo artist in charge of a company that transferred more than $300m.
mmm... well it seems these Russian oligarchs have infiltrated into many countries doesn't it... are these 'frozen' transactions/assets get confiscated when the war in Ukraine is over?... i guess not... how about confiscating it all and pay it to the Ukraine Rebuilding Fund...