The sanctions imposed on the wealthy Russian oligarchs have hurt the Russians – the liquidity of their finances.
Seized yachts, banned accounts and banned luxury properties make life very difficult for millionaires and billionaires. For example, Swiss authorities recently banned a holiday home owned by Russian oligarch Pyotr Aven (67 years old) in the Bernese Oberland.
There is no money for the cleaning lady
This very wealthy man is now grumbling about how hard EU and UK sanctions are on him. According to Bloomberg, Owen’s fortune is said to be $5.6 billion – but he can currently only spend a few of it.
With his assets frozen, the oligarch regrets that he can no longer pay his bills. He doesn’t know how he can afford another cleaner or driver, Owen told the Financial Times.
Closed from offices
The oligarch also complains that the sanctions will also affect his investment company, which he co-founded. Owen resigned from the board of the $22 billion company Litron shortly after the sanctions were imposed.
He founded the company with the Russian oligarch Mikhail Fridman, who was also convicted. This billionaire also recently complained that his monthly budget does not exceed $3,000 due to sanctions.
The company’s shares have been frozen in oligarchs. Litron has also closed its offices and denied access to all documents, a spokesperson told the Financial Times.
Company employees were also instructed to stop talking to Owen or Friedman. For “one of Vladimir Putin’s closest rulers (69),” as the EU called Owen, the sanctions hit the wrong person. “Just because you met the president will you be punished,” he says. (MRL)
“Tv specialist. Friendly web geek. Food scholar. Extreme coffee junkie.”