ST. HELIER, Jersey – Authorities at this offshore financial center in the English Channel are conducting an extensive preliminary investigation into Roman AbramovichAccording to people familiar with the situation, the island’s assets are being kept on the island, including whether a business partner helped the billionaire evade UK sanctions.
The investigation, which has not been previously reported, also looks at how Abramovich acquired oil companies in the 1990s that these people believe made him rich in post-Soviet Russia. Jersey, where Mr. Abramovich has parked much of his assets in recent years, is trying to determine whether that money was made illegally or whether administrators of his assets have broken the rules, these people said. The probe is still at an early stage and has not yet reached the level of a formal investigation, they said. The authorities have not accused anyone of wrongdoing.