Russian Billionaire’s Estate Forfeits Thousands to End UK Sanctions Case
- UK police were investigating Petr Aven for sanctions evasion
- Billionaire says he opposes President Vladimir Putin’s regime
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Russian billionaire Petr Aven’s estate manager has agreed to forfeit more than £750,000 ($963,260) to end a near-two year investigation by British police over sanctions dodging.
Thousands of pounds in cash seized at Aven’s mansion outside London was also handed over under “proceeds of crime” legislation, Annabel Darlow, a lawyer for the National Crime Agency said in a London court on Monday.