Great Britain lifted restrictions on Tinkov's yachts and planes

The UK has clarified sanctions against billionaire Oleg Tinkov and Roman Abramovich's partner, Millhouse CEO Yevgeny Shvidler. London has lifted transport restrictions that threatened to detain the yachts and planes of businessmen, follows from the updated sanctions list.

Britain clarified the restrictions a day after they were applied: Tinkov and Shvidler fell under British financial sanctions (asset freeze) on March 24, along with the head of Sberbank German Gref, his deputy Alexander Vedyakhin, the former first ban of the bank Lev Khasis and others.

The latter were subject not only to an asset freeze, but also a ban on entry. Tinkov and Shvidler were not denied entry to the UK. But yachts, ships and aircraft owned, operated, controlled or chartered by businessmen have been banned from entering ports, flying through the country's airspace and landing at its airports. These restrictions have now been lifted.

Tinkov, who was involved in the settlement of tax claims in the United States during 2019-2021, left the post of chairman of the board of directors of Tinkoff Bank in April 2020, transferred his ownership of TCS Group to a family trust, and at the beginning of 2021, Tinkov’s voting share decreased from 84 up to 35%.