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Russian bank oligarch moans sanctions mean he ‘can’t even pay in a restaurant’ – World News

Mikhail Fridman, who reportedly lives alone in Athlone House and has a net worth of £11.9 billion, was sanctioned by the UK government on March 15

Mikhail Fridman, the co-founder of the Alfa Group
Mikhail Fridman, the co-founder of the Alfa Group

A Russian oligarch living on the outskirts of Hampstead Heath is urging UK authorities to give him a grocery purchase permit as he is currently required to ‘eat at home’.

Mikhail Fridman, the founder of Russia’s largest private bank Alfa-Bank, claims he is “virtually under house arrest” as a result of the sanctions.

Mr Fridman, who reportedly lives alone at Athlone House and has a net worth of £11.9 billion, was sanctioned by the UK government on March 15.

He was formerly a director of LetterOne, a company that owns shares in natural foods company Holland & Barrett, before resigning from the position earlier this month.

Mr Fridman, who has lived in London for eight years, told Spanish news agency El Pais that the UK authorities should give him a “certain amount” to buy groceries and ride in a taxi. He conceded this was a “very limited amount” relative to the cost of living in London.







Mr Fridman previously expressed his views against Putin’s invasion of Ukraine in an email to LetterOne Staff
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REUTERS)

“I can’t even pay at the restaurant,” he said. “I have to eat at home and I’m practically under house arrest.

“I’ve been in London for eight years, I’ve invested billions of dollars in the UK and other European countries and the answer to that is they confiscate everything and throw me out.”

Mr Fridman said the people who were sanctioned would have to return to Russia, where they would have “no choice but to be absolutely loyal”.

There they would continue to work, start businesses and create jobs, he said.

Mr Fridman previously expressed his views against Putin’s invasion of Ukraine in an email to LetterOne Staff.

He wrote about how the war would “take lives and damage two nations.”







Athlone House, the property of sanctioned Russian oligarch Mikhail Fridman
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(Getty Images)

He wrote: “I make no political statements, I am a businessman with responsibilities to my many thousands of employees in Russia and Ukraine.

“However, I am convinced that war can never be the solution.

“This crisis will take lives and harm two nations that have been brothers for hundreds of years.

“While a solution seems terrifyingly far away, I can only join those whose dearest wish is an end to the bloodshed.”

He said he was “sure” his partners would share his view.

British Foreign Secretary Liz Trus announced 65 more sanctions last week, including those against Alfa Bank.

Earlier this month, the UK imposed sanctions on individuals, businesses and banks in response to Putin’s invasion of Ukraine.

Truss said: “These oligarchs, corporations and hired thugs are complicit in the murder of innocent civilians and they are right to pay the price.







Putin’s war had resulted in sanctions being imposed on individuals, companies and banks in Britain
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SPUTNIK/AFP via Getty Images)

“Putin should have no illusions – we are united with our allies and will continue to tighten the screws on the Russian economy to ensure it fails in Ukraine. There will be no let up.

“Anyone who is sanctioned today will have their assets frozen in the UK, meaning no UK citizen or company can do business with them, and anyone subject to travel bans will also be prohibited from going in or out to travel to the UK.

“Today’s sanctions will bring the total global asset value of the banks the UK has sanctioned since the invasion to £500 billion and the net worth of oligarchs and family members to over £150 billion.”

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https://www.mirror.co.uk/news/world-news/russian-banking-oligarch-moans-sanctions-26598375 Russian bank oligarch moans sanctions mean he 'can't even pay in a restaurant' - World News

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