Judge Approves Seizure Of Jets Belonging To Billionaire Russian Oligarch Abramovich
ForbesMAR 16 2022
After this formal acknowledgment of illegally searching Abramovich's property, it's safe to say the UK government — and UK-adjacent islands — have gone too far in attacking him. Despite reports that he doesn't even support Putin's invasion, they've stripped him of $7B, his soccer team, and now his privacy.
Though sanctions should be imposed lawfully, we shouldn't forget the necessity of monitoring and sanctioning billionaires with deep ties to Putin, which Abramovich inarguably has. Jersey committed itself to ensure its sanctions regime fully aligned with the UK and was merely acting on that pledge in April.
It's hypocritical to impose sanctions on Russia for invading Ukraine, but not on the US for invading Iraq for equally unjustified reasons, or on Israel for invading and annexing Arab lands.