Home News Portugal blocks sale of Abramovich mansion, Publico newspaper says

Portugal blocks sale of Abramovich mansion, Publico newspaper says

by admin
0 views

Russian billionaire and owner of Chelsea football club Roman Abramovich arrives at a division of the High Court in central London October 31, 2011. REUTERS/Andrew Winning/File Photo

Register now for FREE unlimited access to Reuters.comLISBON, May 14 (Reuters) – Portugal blocked the sale of a 10 million euro ($10.4 million) luxury house over a “strong conviction” it belonged to sanctions-hit Russian billionaire Roman Abramovich, Foreign Minister Joao Cravinho said on Saturday.

The property registry of the mansion in the luxury Quinta do Lago resort in the Algarve was frozen – meaning it cannot be sold, rented or mortgaged – on March 25 at the request of the foreign ministry, a month after Russia’s full invasion of Ukraine.

“We have a strong conviction, which hasn’t been fully confirmed, the house belongs to Roman Abramovich,” Cravinho said on the sidelines of a NATO meeting in Berlin. “The challenge here is that many of those sanctioned do not have their properties and assets in their names.”

Register now for FREE unlimited access to Reuters.comAccording to Publico newspaper, which initially reported the story, the former Chelsea soccer club owner tried to sell the property 15 days before Russia’s invasion of Ukraine started through the Delaware-based Millhouse Views LLC, owned by Millhouse LLC, which manages his assets.

However, a spokesperson for Abramovich told Reuters he did not own “any property in Portugal” and “Millhouse Views LLC is not connected” to him.

“In fact we have never heard of this company,” the spokesperson added.

Portugal’s largest bank, Caixa Geral de Depositos, noticed the move to sell the property and alerted authorities, Publico said. The bank declined to comment.

According to Publico, the property is in plot 17 of Quinta do Lago’s San Lorenzo North area. A Reuters witness said there was a signboard outside the gated mansion saying it had been sold.

Abramovich has been sanctioned by the British government and the European Union over his links to Russian President Vladimir Putin. He has denied having such ties.

The billionaire was granted Portuguese citizenship in April 2021 based on a law offering naturalisation to descendants of Sephardic Jews who were expelled from the Iberian peninsula during the Mediaeval Inquisition. read more

There is little known history of Sephardic Jews in Russia.

The case sent shockwaves across Portugal, leading public prosecutors to launch an investigation and to the detention of a rabbi responsible for the certification that allowed Abramovich to obtain citizenship. read more

($1=0.9605 euros)

(This story was refiled to add dropped word in paragraph 6.)

Register now for FREE unlimited access to Reuters.comReporting by Catarina Demony; Editing by Mark Potter

Our Standards: The Thomson Reuters Trust Principles.

Source : Reuters

Related Articles

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

NEWS7.ASIA :Portugal blocks sale of Abramovich mansion, Publico newspaper says
https://www.campingetrandonnee.fr/   https://lenoblebricoltout.fr   https://chaussures-banyuls.com   https://myster-jeepeg.com   https://www.frenchligue1.com  
--
The Pope departs from Rome for historic first-ever visit by a pontiff to Iraq *  Zaldita Enfant Fille Déguisement Cirque Ringmaster Robe Carnaval No?l Fête Anniersaire Robe de Chef à Frange Paillettes… *  Filet à foin « Slowfeeder »à petite maille (4,5 cm) de Nedlandic *  Elmato 10172 Cercueil pour Animal 2 Parties en contreplaqué *  Bryson DeChambeau hopes for US PGA Championship return after weeks out injured *  * Burnout The Nitro [Explicit] *  Mets-Cardinals fight: Benches clear after Yoan Lopez throws inside on Nolan Arenado *  https://www.atlantic-tours-vintage-cars.com/   https://randythomas.org   https://lingedelitpascher.com   https://maquillages.org   https://vinsdivins.fr   https://www.les-maillots-de-bain.com/   https://chaussurepaschers.fr   https://footballnfljerseyscheap.com   Portugal blocks sale of Abramovich mansion, Publico newspaper says : news7

news7.asia Portugal blocks sale of Abramovich mansion, Publico newspaper says