Russian billionaire businessman Roman Abramovich has refused to release the $3 billion proceeds from his sale last year of the Chelsea soccer club to help Ukrainian victims of Moscow’s February 2022 invasion, Britain’s Daily Mail reported on June 18. Abramovich is reportedly insisting that part of the money be spent to help Russians affected by the war, as well. The British government and the European Commission have refused to agree to such a move, saying it would violate sanctions imposed against Russian President Vladimir Putin’s government. The money remains in a frozen bank account controlled by one of Abramovich’s companies. To read the original story in The Daily Mail, click here.
