billionaires

Abramovich jet lands in Turkey after Russian oligarch seen in Israel

Reuters

This is AI generated summarization, which may have errors. For context, always refer to the full article.

Abramovich jet lands in Turkey after Russian oligarch seen in Israel

BILLIONAIRE. Sanctioned Russian oligarch Roman Abramovich sits in a VIP lounge before a jet linked to him took off for Istanbul from Ben Gurion Airport in Lod near Tel Aviv, Israel, March 14, 2022.

Reuters

Istanbul is the site of the head office of AB Grup Holding, a company run by Muhsin Bayrak, who has publicly expressed interest in buying Premier League club Chelsea from Roman Abramovich

A jet linked to sanctioned Russian oligarch Roman Abramovich arrived in Istanbul from Israel on Monday, March 14, shortly after he was seen in Tel Aviv’s Ben Gurion airport.

Abramovich was among seven Russian billionaires added to a British sanctions list last week to try to isolate President Vladimir Putin over Russia’s invasion of Ukraine. European Union diplomats have embraced a similar move.

The Russian oligarch, who also holds Israeli and Portuguese citizenship, has denied having close ties to Putin.

A photograph obtained by Reuters showed Abramovich, the owner of Britain’s Chelsea soccer club, sitting in Tel Aviv airport’s VIP lounge with a face mask pulled down over his chin. Reuters could not verify whether he boarded the flight.

A person with knowledge of the matter told Reuters the plane used by Abramovich flew into Ben Gurion late on Sunday, March 13, from Moscow. Flight-tracking website FLIGHTRADAR24 said the aircraft, which has the tail number LX-RAY and is a large Gulfstream business jet, on Monday landed in Istanbul after leaving Israel.

It was not scheduled to fly on from Istanbul after landing and remained there, according to a source citing flight plans. The plane had also been in Turkey last week, according to tracking data.

Istanbul, Turkey’s largest city, is the site of the head office of AB Grup Holding, a company run by Muhsin Bayrak, who has publicly expressed interest in buying Premier League club Chelsea from Abramovich.

Bayrak has interests in construction, energy, and real estate, and has said he was talking to Abramovich about the sale process.

Abramovich said last week he was selling the London club, but that sale is now on hold with Chelsea operating under a special government license, and the Premier League board has disqualified him as a club director.

A British transport ministry source said on Friday, March 11, that Britain was searching out helicopters and jets belonging to the sanctioned oligarchs.

Multiple properties including opulent yachts worth hundreds of millions of dollars have been seized by authorities in Europe in recent days.

According to tracking sites Marine Traffic and Vessel Finder, Abramovich’s $600-million yacht Solaris had been off Montenegro heading to Istanbul. But by 2030 GMT, the vessel’s status changed to “awaiting orders” and its destination was removed.

NATO member Turkey has close ties with both Kyiv and Moscow and has balanced its criticism of the invasion of Ukraine with its opposition to Western sanctions on Moscow. Russia calls its movement of troops into Ukraine a “special military operation.”

Call for sanctions

In an interview with Israel’s Channel 12 on Friday, Victoria Nuland, the US undersecretary of state for political affairs, said Washington was asking Israel to join in financial and export sanctions against Russia.

Speaking in Slovakia, which borders Ukraine, visiting Israeli Foreign Minister Yair Lapid said Israel “will not be a route to bypass sanctions imposed on Russia by the United States and other Western countries.”

Lapid did not say directly whether Israel was considering its own sanctions. But he said the foreign ministry was “coordinating the issue together with partners including the Bank of Israel, the Finance Ministry, the Economy Ministry, the Airports Authority, the Energy Ministry, and others.”

Asked for further details, the Bank of Israel said in a statement to Reuters that it was “constantly monitoring developments in the payments systems, the markets, and the financial system.”

Any Israeli sanctions could complicate efforts by Israeli Prime Minister Naftali Bennett to mediate the Russian-Ukrainian crisis. He held talks in Moscow with Putin on March 5 and has spoken several times by phone with Ukrainian President Volodymyr Zelenskiy.

A senior Israeli official said Abramovich was not involved in Israel’s mediation efforts.

Sympathy for Ukraine is strong in Israel. The country’s Yad Vashem Holocaust memorial in Jerusalem said on Thursday, March 10, that it had suspended a strategic partnership with Abramovich after Britain’s move against him. – Rappler.com

Add a comment

Sort by

There are no comments yet. Add your comment to start the conversation.

Summarize this article with AI

How does this make you feel?

Loading
Download the Rappler App!