Russian billionaire’s two private jets worth $60 million seized in Britain

<p>
The British government has seized two private jets worth $60 million owned by a Russian billionaire under the sanctions imposed due to the Ukraine conflict.</p>
<p>
The two jets belonging to oil tycoon Eugene Shvidler have been detained indefinitely after three weeks of investigations carried out at Farnborough and Biggin Hill airports, according to a BBC report.</p>
<p>
Transport Secretary Grant Shapps said, “Russian President Putin's friends should not enjoy luxuries while innocent people die in Ukraine.”</p>
<p>
Mr Shvidler was sanctioned over ties with Russian oligarch Roman Abramovich who was also the owner of Britain’s famous Chelsea football club and has already been hit by the sanctions. </p>
<p>
The government said Mr Shvidler net worth has been estimated at £1.2bn.</p>
<p>
Mr Shapps said in a statement: "Introducing these latest measures – detaining tens of millions of pounds worth of Russian private jets – shows this government will leave no stone unturned in depriving Putin's cronies of their luxury toys."</p>
<p>
A private helicopter belonging to Russian firm HeliCo Group LLC has also been detained.</p>
<p>
The UK has made it a criminal offence for planes owned, operated or chartered by Russians to fly or land in the UK.</p>
<p>
<strong>Also read:</strong> <a href="https://www.indianarrative.com/world-news/british-authorities-seize-russian-billionaire-s-superyacht-docked-at-gibraltar-158821.html"> British authorities seize Russian billionaire’s Superyacht docked at Gibraltar</a></p>