In Germany, russian oligarch Abramovich is suspected of circumventing sanctions

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Date

09 Feb 2025


According to media reports, four luxury cars worth several million euros have been seized in the town of Obersulm in southern Germany. These are two Bugatti Chiron, a Lamborghini Reventón, and a Mercedes CLK GTR. They can no longer be sold, rented or pawned.

 

In addition, investigators from the Federal Criminal Police Office and the Central Office for the Enforcement of Sanctions searched the 19th-century Leitenschlössl villa in Garmisch-Partenkirchen several times. Several works of art were confiscated. Back in 2005, the local mayor said that Abramovich had bought the villa. Local residents also claimed to have seen the russian oligarch there. The property is now owned by Parados Limited, a Luxembourg-based company.

 

German investigators suspect that Abramovich owns the cars and the villa. He did not inform the German authorities about this, thus violating the law.

 

The oligarch's lawyer said that he is not the ultimate owner of either the villa or the cars.

 

If found guilty, Abramovich faces up to a year in prison or a fine in Germany.

 

Source: Ukrinform