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International

Roman Abramovich told to explain how he acquired his wealth before he gets new UK visa

10:15, Tuesday, 22 May, 2018
Roman Abramovich told to explain how he acquired his wealth before he gets new UK visa

Roman Abramovich must explain how he acquired his fortune before he receives a new visa allowing him back into the UK .

The oligarch, who owns Chelsea Football Club, has been forced to apply for a new investment visa after letting his previous one expire, The Telegraph understands.

But new rules require him to pass a tougher visa test that includes proving that his funds were obtained lawfully. The Telegraph separately understands that the wealth of dozens of oligarchs is being investigated by the National Crime Agency (NCA) as part of a wider crackdown. There is no suggestion of wrongdoing by Abramovich and nor that the NCA is delving into his finances.Abramovich, 51, is Britain’s 13th richest man with a fortune estimated at £9 billion and is closely connected to Vladimir Putin. The refusal to grant a new visa - or at least delay it - will further raise tensions between London and Moscow.

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... 15:46, 22.05.2018
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