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Oligarch donor to Jewish school in Edgware added to UK sanctions list
Beit Shvidler was named in honour of billionaire Eugene Shvidler
March 25, 2022 12:06
Beit Shvidler was named in honour of billionaire Eugene Shvidler
March 25, 2022 12:06The benefactor of a London Jewish school that bears his name is on the latest list of Russian oligarchs to be sanctioned by the UK government.
Eugene Shvidler was the primary donor to the new home of Beit Shvidler 10 years ago, which was previously known as the Edgware Jewish Primary School.
Mr Shvidler, whose net worth is estimated at £1.2 billion, was said by the government to have “close business links” with Roman Abramovich, who himself was put on the sanctions list two weeks ago.
Two jets owned by Mr Shvidler have been "indefinitely" detained, the Transport Secretary Grant Shapps announced on Saturday.
In Twitter on Saturday, he said, "Since Putin began his illegal assault, I’ve held jets belonging to Eugene Shvidler under investigation for 3 weeks. Now, I am using my powers to DETAIN them indefinitely."
https://twitter.com/grantshapps/status/1507631361141755906
Foreign Secretary Liz Truss said on Thursday that Russian President Vladimir Putin “should be under no illusions - we are united with our allies and will keep tightening the screw on the Russian economy to help ensure he fails in Ukraine”.
She said: “All those sanctioned today will have their assets in the UK frozen which means no UK citizen or company can do business with them, and individuals subject to travel bans are also prohibited from travelling to or from the UK.”
Sixty-five institutions and individuals were designated in the latest round of sanctions, among them Alfa Bank JSC, Russia’s largest banks whose co-founders include Mikhail Fridman, Petr Aven and German Khan, who were sanctioned last week.