Roman Abramovich's jet lands in Israel

Roman Abramovich Photo: Reuters Artyom Geodakyan
Roman Abramovich Photo: Reuters Artyom Geodakyan

It is unclear if the billionaire is on board but his presence in Israel would put the government at odds with the US and EU, even though Abramovich has Israeli citizenship.

Russian oligarch Roman Abramovich's private jet has landed at Ben Gurion airport, after taking off earlier today from Moscow, according to data published on sites that track global aviation. It is not clear if the billionaire himself was on board. 

Even though Abramovich has Israeli citizenship, his presence in Israel at the current time could place the Israeli government at odds with the US and EU. Abramovich, who also has Portuguese as well as Russian citizenship, is the focus of international sanctions, because of his close ties with the Kremlin and huge wealth created from companies formerly owned by the Russian government.

Abramovich has real estate assets and investments in Israel and is a major donor to Israeli health, education and other institutions, including Yad Vashem, which has reportedly suspended collaborations with him.

Because of the sanctions imposed on him, Abramovich is unable to enter the UK, where he has spent much of his time over the past 20 years. In Portugal, an investigation has opened against the rabbi of the Porto Jewish community for his involvement in the process that led to Abramovich being granted Portuguese citizenship, due to his supposed Portuguese Jewish heritage.

Abramovich's private jet was until a few days ago in Turkey, from where it flew to Moscow on Friday, and now has landed in Israel. Abramovich's private jet is a Gulfstream registered in Luxembourg, under the call name of LX-RAY.

In its sanctions on Abramovich, the UK government said that he has had close relations to Russian President Vladimir Putin for decades. The UK government said that Evraz, the company that Abramovich owns, has been providing huge revenue to the Russian government, which is being used for the war against Ukraine.

Abramovich had estimated wealth of over $15 billion before sanctions were imposed on him. He had been trying to sell Chelsea FC, the English Premier League club that he owns, which he had placed in trust, before the sanctions were imposed on him.

Published by Globes, Israel business news - - on March 13, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

Roman Abramovich Photo: Reuters Artyom Geodakyan
Roman Abramovich Photo: Reuters Artyom Geodakyan
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