About: oligarchs

Global Europe 29-03-2022

Billionaire Abramovich, Ukrainian peace negotiators hit by suspected poisoning

Russian billionaire Roman Abramovich and Ukrainian peace negotiators suffered symptoms of suspected poisoning earlier this month after a meeting in Kyiv, the Wall Street Journal and the investigative outlet Bellingcat reported on Monday (28 March).
Global Europe 23-03-2022

Second Abramovich superyacht docks in sanctions-free Turkey

A second superyacht linked to Russian billionaire Roman Abramovich docked in a Turkish resort on Tuesday (22 March) and sources familiar with the discussions said he and other wealthy Russians were looking to invest in Turkey given sanctions elsewhere.
Global Europe 23-03-2022

Ukraine invasion boosts calls for UK politics to tackle Russian cash

From huge donations to political parties and bids for games of tennis with senior ministers, to nominations for peerages, Russian money in British politics has been a recurrent issue for years. But the invasion of Ukraine has intensified calls for...
Economy & Jobs 22-03-2022

Researchers call for EU Asset Registry to better implement sanctions

Researchers from the EU Tax Observatory and the World Inequality Lab argue that a comprehensive overview of assets held by wealthy individuals is needed to implement the sanctions against Russian individuals effectively.
Global Europe 18-03-2022

Russians have up to $213 billion stashed offshore in Swiss banks

Switzerland's secretive banks hold up to $213 billion of Russian wealth, the country's financial industry association estimates, as sanctions on Russia give a rare glimpse inside Swiss vaults.
Global Europe 14-03-2022

Ukraine war must end, sanctioned Russia’s fertiliser and coal king says

The war in Ukraine is a tragedy that must be stopped or there will be a global food crisis, as fertiliser prices worldwide are already too high for many farmers, Russia's coal and fertiliser king Andrei Melnichenko said.
Global Europe 11-03-2022

Portugal says question of Abramovich citizenship depends on inquiry

Portugal said on Thursday it would not strip the citizenship of Chelsea soccer club owner Roman Abramovich because that measure was not part of EU sanctions against Russian oligarchs, but his nationality status could change depending on an inquiry.
Global Europe 01-03-2022

EU sanctions Putin’s spokesman, oligarchs, journalists

Kremlin spokesman Dmitry Peskov is among 26 prominent people sanctioned by the European Union for Russia's invasion of Ukraine, according to the decision published on Monday (28 February) on the EU's official journal.
Global Europe 23-02-2022

US sanctions Russia for ‘beginning’ invasion of Ukraine

US President Joe Biden announced tough new sanctions on Russia for "beginning" an invasion of Ukraine but said there was still time to avoid war, even as Vladimir Putin signaled plans to send troops beyond Russia's borders.
Global Europe 22-02-2022

Britain sanctions Gennady Timchenko and five banks, Johnson says

Britain on Tuesday (22 February) slapped sanctions on Gennady Timchenko and two other billionaires with close links to Vladimir Putin after the Kremlin chief ordered the deployment of troops to two breakaway regions in eastern Ukraine.
Global Europe 01-02-2022

US, UK threaten sanctions for Moscow elite if Russia invades Ukraine

The United States and Britain are prepared to punish Russian elites close to President Vladimir Putin with asset freezes and travel bans if Russia enters Ukraine, Washington and London said as tensions also spilled over at the United Nations.
Central Asia 19-01-2022

Kazakhstan security forces on high alert in Almaty amid calls for fresh protests

Security forces blocked several downtown streets and cordoned off one of the squares in Kazakhstan's biggest city Almaty on Wednesday (19 January) as an opposition group planned to stage protests, a Reuters correspondent reported from the scene.
Europe's East 21-12-2021

Ukraine accuses former president Poroshenko of high treason

Ukrainian authorities placed former president Petro Poroshenko under formal investigation for high treason on Monday (20 December), accusing him of links to financing separatist forces in the eastern Donbass region.
Europe's East 23-09-2021

Ukrainian lawmakers pass law on oligarchs after assassination attempt

Ukraine's parliament passed a law to order "oligarchs" to register and stay out of politics, a day after an attempt to kill a top aide to President Volodymyr Zelenskiy, which officials said could have been a response to the reform.

Commission acknowledges its Bulgaria failures

The European Commission acknowledged for the first time on Thursday (16 September) that it had not done enough to help fight high-level corruption in Bulgaria. EURACTIV Bulgaria reports
Global Europe 03-06-2021

Why the EU should punish Russian ‘Kremligarchs’ for Ryanair hijacking

While EU sanctions against Belarusian officials are welcome, Russia’s role should not be ignored by Brussels, argues Ilya Zaslavskiy. But targeting Kremlin cronies, rather than the Russian people, would be much fairer and far cheaper than putting an extra NATO brigade in Eastern Europe.
Media 18-01-2021

New player shakes up Bulgarian media landscape

United Group, a leading multi-play telecoms and media provider in South-East Europe, has bought a large chunk of the Bulgarian media, as its latest acquisition was cleared by the country’s anti-cartel body on Monday (18 January). 
Europe's East 11-01-2021

Billionaire Georgia party leader Bidzina Ivanishvili says quitting politics

The billionaire leader of Georgia's ruling party, Bidzina Ivanishvili, who is widely seen as the Western-backed country's most powerful man, announced Monday (11 January) he was quitting politics.
Central Asia 30-12-2020

Russian court sentences Kazakh kleptocrat to 15 years in prison

A Russian court sentenced on Tuesday (29 December) the former chairman of Kazakh BTA Bank's board of directors, Mukhtar Ablyazov, to 15 years in prison, Russian media reported. The story of Ablyazov, a fugitive for years, has been turned into a book as a striking example of the ability of post-Soviet kleptocrats to benefit from Western “hospitality”.
Eastern Europe 29-10-2020

Georgian opposition unite to oust billionaire’s ruling party

Georgians vote on Saturday (31 October) in tightly contested parliamentary elections pitting an unlikely union of opposition parties against the increasingly unpopular ruling party led by the country's richest man.
Media 13-10-2020

Jourova promises action plan to protect independent journalism

The European Commission (EC) will present by the end of the year an action plan to protect independent journalism, Commission Vice President Věra Jourová announced on Monday (12 October) during the conference "Media Freedom in Bulgaria", organised by EURACTIV Bulgaria.
Global Europe 08-10-2020

France, Germany and UK seek Russia sanctions over Navalny poisoning

Germany, France and Britain on Wednesday (7 October) directly accused Russia of "involvement and responsibility" in the poisoning of Kremlin critic Alexei Navalny, announcing that they will seek EU sanctions over the case.
Europe's East 07-10-2020

EU, Ukraine hold live summit in Brussels to discuss trade ties, reforms and security

During the first live summit with international partners in Brussels following the outbreak of the pandemic on the continent, the EU and Ukraine leaders met on Tueasday (6 October) to take stock of cooperation amid what critics say is a...
Global Europe 07-10-2020

Navalny demands EU crackdown on oligarchs close to Kremlin

Kremlin critic Alexei Navalny called on the European Union to take tough action against oligarchs close to the Kremlin as he continues his recovery in Germany after being poisoned by a nerve agent in the banned Novichok family.