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Sale of Roman Abramovich’s ‘mansion’ in Portugal blocked after wealthy Brit tried to buy it off sanctioned Chelsea owner


THE sale of Roman Abramovich’s alleged multi-million-pound mansion in Portugal has been blocked after a wealthy Brit tried to buy it off the sanctioned Chelsea owner.

Portuguese authorities “froze” the sale of the £8.5million, six-bed villa on Saturday after receiving a tip off from a bank that it had gone on the market two weeks before Russia’s Ukraine invasion.

Portuguese authorities ‘froze’ the sale of a property allegedly linked to Roman Abramovich
Abramovich’s portfolio included the stunning Chateau de la Croe on the Cote d’Azur in FranceCredit: Getty – Contributor
Abramovich had his assets in the UK frozen, including this lovely mansion at Kensington Palace Gardens that he bought 2009 for £90m

Portuguese newspaper Publico said the country’s foreign ministry moved to block the sale of the luxury home in the exclusive Quinta do Lago residential complex after receiving a bank alert about an attempt to sell it two weeks before the invasion.

The country’s Foreign Minister Joao Gomes Cravinho confirmed the move overnight and said an investigation was underway into the sanctioned Chelsea owner’s alleged ownership of the villa through an offshore holding company.

Cravinho said: “Sanctions are taken seriously by Portugal and any sanctioned individual deemed to have property or assets in Portugal will always be investigated and the assets frozen if confirmed.”

Speaking ahead of an informal NATO meeting in Berlin, he added: “In this case we have the strong conviction, which is not yet full confirmation, that the property belongs to Abramovich.

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“It has been frozen, which means it cannot be sold, mortgaged, or rented out for any type of financial gain.”

Authorities moved after allegedly discovering a UK-based millionaire applied for a mortgage to buy the property as a holiday home.

Publico reported Portugal’s second largest bank Caixa Geral de Depositos raised the alarm after receiving a mortgage request earlier this year.

The newspaper claimed a company called Millhouse Views LLC tried to sell the mansion.

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It claimed the company’s owner is an off-shore investment holding firm belonging to Abramovich called Millhouse LLC.

The freezing order is said to have been put in place on March 25 following an initial investigation by a Portuguese police financial unit and government officials.

Portugal’s Foreign Minister said the ongoing probe has not yet found other assets linked to the Russian oligarch and admitted there were difficulties in establishing who were the real beneficiaries of certain properties linked to offshore firms.

Last month it emerged Abramovich had more than £5.4billion worth of assets frozen in Jersey and 12 luxury properties including a near £100 million villa that was once King Edward VIII’s holiday home, seized by the French government.

He was subjected to UK sanctions in March after ministers accused him of having “clear connections” to Vladimir Putin’s regime.

The Chelsea owner’s £430 million superyacht Solaris fled Barcelona Port two days before he was sanctioned by the UK government.

It later emerged a Lithuanian activist had tried to attack the oligarch’s 460ft luxury vessel before it left for a safe haven in a protest against Russia’s military invasion of Ukraine.

The Blues are being taken over by American billionaire Todd Boelhy.

The mogul and his consortium signed an agreement to buy yesterday’s FA Cup final losers in a deal reportedly worth around £4.25 billion.

Chelsea have confirmed Boehly met with manager Thomas Tuchel and the squad on Thursday at the club’s training ground.

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Abramovich was granted Portuguese citizenship in April 2021 based on a law offering naturalisation to descendants of Sephardic Jews who were expelled from the Iberian peninsula during the Inquisition.

It is one of many cases currently under criminal investigation in Portugal in a probe which led to the arrest in March of the Rabbi accused of helping the Russian billionaire gain citizenship.

Abramovich has been accused of having close ties to Vladimir PutinCredit: Reuters
The Russian magnate was forced to give up his prized Chelsea football club earlier this yearCredit: AP


Source: Soccer - thesun.co.uk


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