British Territories have seized করা 7 billion in assets believed to be linked to Roman Abramovich.

In an email, Mr Tenenbaum said he had recently resigned as director of Matterhorn and Bradfield. He added, “The matter is with the lawyers. So I can’t comment. “

Last week, authorities in the Cayman Islands, a British region in the Caribbean, said financial services providers there had frozen সম্প 7.3 billion in Russian assets that were subject to sanctions.

Cayman officials have not disclosed who owns the assets, but the islands have long been the center of operations for offshore funds run by US hedge funds and private equity firms. Mr Abramovich is believed to have invested billions of dollars in hedge funds and real-estate-based private firms in the United States, the New York Times reported.

Concord Management, a small investment advisory firm in Taritown, NY, has been instrumental in arranging Mr. Abramovich’s hedge funds and private equity investments. The firm said, however, that it recommended funding but did not manage direct funding for clients. It is believed that Concord has, over the past two decades, helped arrange for Mr Abramovich to invest in dozens of hedge funds and real-estate-based private equity firms.

The financial pressure being exerted on him is not coming from US officials. Although British officials have imposed sanctions on Mr Abramovich, the United States has not done so in part because he has acted as a mediator in negotiations between Ukraine and Russia. The activities of Jersey and the Cayman Islands – both British territories – reflect the important role these territories play in managing the fate of the Oligarchs.

Matterhorn Capital has been associated with Mr. Abramovich for nearly two decades, pointing to the daisy chain of shell companies with a corporate structure that rich Russians use to mask their ownership and complicate authorities’ efforts to find their assets.

Originally incorporated into the Cayman Islands in 1999, Matterhorn was reorganized into the British Virgin Islands in 2002. A year ago, Matterhorn was transferred again and included in the jersey. Records there show that along with Mr. Tenenbaum, Jedra, two executives at a global corporate services firm, also served as directors of Matterhorn. A spokesman for Zedra, who has an office in Jersey, declined to comment.

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