After Abramovic Resigns Chelsea Hands Over To Club Director

JAKARTA - The owner of the Chelsea football club Roman Abramovich, who recently resigned, handed over a company worth tens of billions of dollars to one of the directors of the Chelsea football club.

This is the second time the Russian tycoon has handed over assets to his close associates. Previously, the man who is reportedly close to Russian President, Vladimir Putin, handed over the assets of Ervington Investments to Eugene Tenenbaum, one of his closest associates as well. Ervington is an investment company. However, Tenenbaum said Abramovic not only handed over but his company bought Ervington Investments from shares previously owned by Abramovich and his children in accordance with applicable laws and regulations.

Regarding the handover of his company, Abramovic has not commented.

Abramovich is one of Russia's most powerful businessmen with most of his wealth coming from oil and aluminum following the breakup of the Soviet Union in 1991. Forbes last month put his net worth at more than $13 billion (equivalent to IDR 186.52 trillion; an assumed exchange rate of IDR 14,347 per dollar). US). In recent weeks, the UK and the European Union have imposed sanctions such as asset freezes on Abramovich and hundreds of Russian individuals and companies, targeting people accused of supporting Russian President Vladimir Putin.