Russian Billionaire Haggles With UK Over Expenses at Mansion
- Judge relaxed freezing of bank accounts linked to Petr Aven
- UK agency froze accounts as part of a sanction evasion probe
Petr Aven
Source: Bloomberg
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Sanctioned Russian billionaire Petr Aven is embroiled in a legal spat with UK authorities after they froze bank accounts used to pay expenses at his English mansion.
A London judge relaxed a freezing order on some of the accounts linked to Aven that were used to pay for bills and security, according to a ruling made public Monday. The court tussle is part of a wider probe over allegations the billionaire was evading sanctions following Russia’s invasion of Ukraine -- one of the first public investigations into suspected violations.