Friedman confirmed move to Israel

Russian businessman, founder of Alfa Group Mikhail Fridman confirmed his move to Israel, but is now in Moscow. Friedman about this reported to Bloomberg.

“A week ago I moved to Israel. Now I have flown to Moscow because of the current situation. When everything calms down, I plan to return to Israel and live there permanently,” he said.

Earlier that Friedman left the UK and moved to Israel, reported RBC. Alfa Group told the publication that Friedman is now in Moscow and plans to visit Russia regularly.

On September 19, the UK tightened sanctions against Friedman by introducing transport restrictions. They concern ships and aircraft associated with the businessman. They are prohibited from entering the kingdom’s ports and airports or registering in the country’s ship or aviation registries. The sanctions provide for the possibility of detaining such ships and aircraft, and also prohibit the provision of any technical assistance to them.

Before this, London stopped investigating the businessman due to suspicions of circumventing sanctions. The country’s National Crime Agency (NCA) said it would “take no further action against Friedman based on the warrant issued in December 2022.” At the end of 2022, his Athlone House mansion in north London was searched. Friedman was detained, after which he was released on bail and filed a lawsuit against the NCA. As the media wrote, a Russian businessman gave a bank loan to his assistant to circumvent restrictions, which was the reason for the start of the NCA investigation.

After the outbreak of hostilities in Ukraine and subsequent sanctions from Western countries, Fridman left the supervisory board Alfa Bank. The same decision was then made by the co-founder of the group, Peter Aven.