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U.S. judge authorises seizure of aircrafts owned by Abramovich

Davies Ngere Ify by Davies Ngere Ify
June 7, 2022
in World News
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U.S. judge authorises seizure of aircrafts owned by Abramovich
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A US judge has authorized the seizure of two aircraft owned by Russian oligarch Roman Abramovich for violating export controls and US sanctions against Russia.

The Department of Justice (DoJ) announced that a federal judge in New York authorized the seizure of a Boeing 787-8 and a Gulfstream G650ER requested by federal agents.

Abramovich, the billionaire former owner of Chelsea Football Club, owns and controls the aircraft, which have a combined value of more than 410 million US dollars.

The seizure and forfeiture were “based on probable cause of violations of the Export Control Reform Act (ECRA) and recent sanctions issued against Russia,” according to a statement from the Department of Justice.

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According to US authorities, each of the two aircraft was flown from a third country to Russia in March.
DoJ said Boeing is currently in the United Arab Emirates, while the Gulfstream remains in Russia.

It was initially unclear how or when the U.S. authorities might be able to seize the aircraft.

However, the ruling is likely to make it difficult to use the planes for international travel in the future.

The U.S. authorities were also seeking fines of up to twice the value of the planes.

Abramovich, 55, is one of the multiple Russian billionaires targeted by sanctions on Russia for its invasion of Ukraine.

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