UK Drops Probe Into Sanctioned Russian Billionaire Mikhail Fridman
- UK’s NCA was investigating alleged sanctions evasion
- Fridman claimed raid was illegal and based on ‘kompromat’
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Britain’s National Crime Agency dropped its investigation into alleged sanctions evasion by Russian billionaire Mikhail Fridman after dramatically raiding his London home late last year.
At the time of the raid, more than 50 officers descended on Fridman’s £65 million ($80.8 million) mansion in north London and arrested the 59 year-old businessmen, removing “digital devices and a significant quantity of cash,” the NCA said.