Latvia May Strip Citizenship as Scrutiny on Russian Billionaire Grows
- Petr Aven’s citizenship comes under question over Ukraine war
- Aven says he opposes the war: ‘There’s no justification’
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Latvia is introducing legislation that would allow citizenship to be revoked, a move that comes after calls to rescind the status of sanctioned Russian billionaire Petr Aven in response to the invasion of Ukraine.
Aven, whose net worth is $5.7 billion according to the Bloomberg Billionaires Index, has had his assets frozen since he came under European Union penalties in response to Russia’s attack. In Latvia, he’s been stripped of an honorary doctorate and a top state award.