5. How Jersey Got Abramoviched: Only $7 Billion at Stake

On April 12, 2022, Jersey Police raided a number of properties linked to Russian billionaire oligarch Roman Abramovich and his business activities on the island. Jersey also froze $7 billion of his assets. By November, Jersey authorities were suddenly calling their own raid "unlawful," offering a "private" apology to Abramovich and taking the liberty of destroying the materials it had confiscated in the police raid. Jersey also used funds from the public purse to pay the globally sanctioned billionaire undisclosed damages. What happened? Additional topics: Financial secrecy, Trump, television series (plural) on Jersey's scandals from 1988 to the present and the color of the Lamborghini Countach.

Show notes:

The mighty Lamborghini Countach
https://en.wikipedia.org/wiki/Lamborghini_Countach

Worldwide coverage of Roman Abramovich's tangle with the island of Jersey

https://www.theguardian.com/world/2022/apr/13/jersey-freezes-54bn-of-assets-linked-to-roman-abramovich

https://jerseyeveningpost.com/news/2022/11/10/police-admit-conducting-unlawful-searches-at-premises-allegedly-linked-to-abramovich-and-agree-to-pay-damages-according-to-news-agency/

https://www.bailiwickexpress.com/jsy/news/court-documents-released-abramovich-case/#.Y5jianbMIuU

https://jerseyeveningpost.com/news/2022/11/23/roman-abramovich-no-comment-from-jerseys-attorney-general-on-unlawful-office-raids/

https://www.politico.eu/article/russian-oligarch-european-union-sanctions-lose-in-court-still-keep-money/

Jersey tries to shrug off the Roman Abramovich mess

https://jerseyeveningpost.com/news/2022/11/21/unlawful-roman-abramovich-raids-not-damaging-to-jersey-finance-industrys-reputation/

World in Action, Episode 28, "Dirty Money" (1988): 

https://www.youtube.com/watch?v=1cPNjyucEDs

French film series just out this autumn on Jersey's scandals titled, "La Ventre de la Bête" (translation: "The Belly of the Beast"): https://www.zed.fr/en/catalog/758/screening_room/3330

Trump sues journalist over his true worth: https://www.washingtonpost.com/lifestyle/style/that-time-trump-sued-over-the-size-of-hiswallet/2016/03/08/785dee3e-e4c2-11e5-b0fd-073d5930a7b7_story.html