Stand behind Ukrainian independent journalism when it’s needed most. Help us reach 20,000 members.

Skip to content
Edit post

Russian oligarch Fridman arrested in UK on suspicion of money laundering, released on bail

by The Kyiv Independent news desk December 3, 2022 5:35 PM 1 min read
This audio is created with AI assistance

The U.K.’s National Crime Agency reportedly arrested a “wealthy Russian businessman” on Dec. 1 on suspicion of several offenses including money laundering, conspiracy to defraud the U.K. Home Office and conspiracy to commit perjury.

According to Ukrainian outlet Ukrainian Pravda’s sources, the man referred to in the NCA report is controversial Russian oligarch Mikhail Fridman. The Ukrainian-born billionaire Fridman, who has Russian and Israeli citizenship and is based in London, was sanctioned by the British government in March over his close links to Russian dictator Vladimir Putin.

The NCA also reported arresting another yet unknown 35-year-old man on suspicion of money laundering and obstruction of an NCA officer after he was seen leaving the address with a bag found to contain thousands of pounds in cash. A third suspect was arrested for offenses including money laundering and conspiracy to defraud.

A significant quantity of cash was recovered following extensive searches by investigators. The three suspects were interviewed by the NCA and released on bail.

Independent journalism needs a community —
not a paywall.

We’re working hard to show the world the truth of Russia’s brutal war — and we’re keeping it free for everyone, because reliable information should be available to all.

Our goal: reach 20,000 members to prove independent journalism can survive without paywalls, billionaires, or compromise. Will you help us do it?

Can we reach 20,000 members?

News Feed

MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.