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UK freezes £10bn of assets held by Abramovich associates

New round of sanctions target Eugene Tenenbaum and David Davidovich

The UK is to freeze an estimated £10bn of assets held by two longstanding business associates of Roman Abramovich, the Russian oligarch best known for his ownership of Chelsea Football Club.

The sanctions on Eugene Tenenbaum and David Davidovich bring the total number of oligarchs, family members and associates with ties to Russia on the UK list to 106, the government said on Thursday.

According to the government, corporate filings show that Tenenbaum, a director at Chelsea, took control of Ervington Investments, an Abramovich-linked investment vehicle, on February 24, the day Vladimir Putin sent troops into Ukraine.

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