Abramovich's spokesman denied arrest of businessman's property in Portugal

According to the representative of the businessman, Abramovich does not have any property in Portugal,Millhouse Views LCC is not affiliated with him in any way

Roman Abramovich has nothing to do with the €10 million house arrested in Portugal, which was previously reported by the Publico newspaper. This was stated to RBC by a representative of a Russian businessman.

“Mr Abramovich does not own any property in Portugal. Millhouse Views LCC is not affiliated with him. Moreover, we have never heard of such a company,” he said.

Publico learned about the arrest in Portugal of Abramovich's house worth €10 million Politics

According to Publico, the Portuguese authorities on March 25 froze Abramovich's property worth €10 million in the Algarve in the south of the country. This is a house in Quinta do Lago, one of the wealthiest communities in the Algarve.

The newspaper explained that in February Millhouse Views LLC tried to sell the house to a British citizen. The man asked for a loan of €5 million to buy real estate. The operation attracted the attention of the Portuguese State Banking Corporation (CGD), which established that the company belonged to Abramovich's holding company and alerted the Judicial Police.

See also Abramovich received Portuguese citizenship 00:44

In March of this year, the European Union and Great Britain imposed sanctions against Abramovich. The Wall Street Journal wrote that the administration of US President Joe Biden was also preparing to impose sanctions against Abramovich, but the US National Security Council instructed the Treasury Department to refrain from imposing sanctions on him.

Read on RBC Pro Pro EU wants to disconnect Sberbank from SWIFT.What does this mean for the bank and its shares Forecasts Pro The top manager received an offer during the crisis:when to agree Articles Pro When ideas don't come to mind:Seven Tactics for Unleashing Team CreativityHow Kellogg's Survived the 1930s Recessionemptied by sanctions and players leaving Predictions Pro Four examples of reverse logistics and what benefits you can miss ArticlesPro The dark side of the state defense order: what to consider in order not to go to jail Instructions Pro What to change in the contract,even if the sanctions did not affect you Instructions

Abramovich's fortune, according to FORBES, is $ 6.9 billion, he ranks 17th in the ranking of the richest businessmen in RUSSIA. In the ranking of the richest people on the planet Real Time Billionaires, which is compiled by Forbes, he is on the 219th line.

Abramovich is the main owner of the investment company Millhouse, and in December last year, the businessman received Portuguese citizenship.