Roman Abramovich's £90m luxury villa Château de la Croë has been been seized by French authorities. Photo: Wikimedia
Roman Abramovich's £90m luxury villa Château de la Croë has been been seized by French authorities. Photo: Wikimedia
Roman Abramovich's £90m luxury villa Château de la Croë has been been seized by French authorities. Photo: Wikimedia
Roman Abramovich's £90m luxury villa Château de la Croë has been been seized by French authorities. Photo: Wikimedia

Roman Abramovich's $120m French Riviera mansion seized by French authorities


Neil Murphy
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A £90m ($120m) mansion belonging to Russian billionaire Roman Abramovich has been seized by French authorities.

Château de la Croë is situated on Cap d’Antibes, one of the most glamorous parts of the French Riviera, and was bought by Mr Abramovich in 2001, two years before he completed his purchase of Chelsea Football Club.

The home, built in 1926, was previously owned by England's King Edward VIII and Wallis Simpson, better known as the Duke and Duchess of Windsor, who hosted high profile guests there including former British prime minister Winston Churchill.

The château was then owned in the 1950s by billionaire Greek shipping tycoon Aristotle Onassis and later by his lifelong rival, Stavros Niarchos.

A fire destroyed part of the property in the 1970s, and it remained abandoned for decades until Mr Abramovich swooped in and spent more than €150m on renovations over the years.

The villa was among 12 properties belonging to Mr Abramovich, most of which were bought using specially created French companies.

Mr Abramovich was among several wealthy Russians added last month to British and European Union sanctions over Russia's invasion of Ukraine, and governments have since been taking action to seize their yachts and other luxury assets.

The Duke of Windsor and Duchess of Windsor at their Riviera home in 1939. Getty
The Duke of Windsor and Duchess of Windsor at their Riviera home in 1939. Getty

It comes as a the Royal Court of Jersey imposed a formal freezing order on $7 billion worth of assets linked to Mr Abramovich while police have searched properties linked to the billionaire, the British Channel Island's Law Officers' Department said.

In a statement, the Law Officers' Department for the self-governing British Crown Dependency said Jersey Police had on Tuesday carried out searches of premises suspected of being connected to Mr Abramovich's business activities.

“The Royal Court also imposed a formal freezing order on 12 April, known as a saisie judiciaire, over assets understood to be valued in excess of US$7 billion which are suspected to be connected to Mr Abramovich and which are either located in Jersey or owned by Jersey incorporated entities,” it said.

Earlier this month, the Caribbean nation Antigua and Barbuda said it was willing to help Britain seize yachts owned by Mr Abramovich.

Superyachts linked to the businessman, together worth an estimated $1.2 billion, have also been docked in south-west Turkey.

Mr Abramovich had sought to sell Premier League football club Chelsea before he was sanctioned, but that process was taken out of his hands by the British government after his finances were blacklisted.

Key features of new policy

Pupils to learn coding and other vocational skills from Grade 6

Exams to test critical thinking and application of knowledge

A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools

Schools to implement online system to encouraging transparency and accountability

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Day 5, Dubai Test: At a glance

Moment of the day Given the problems Sri Lanka have had in recent times, it was apt the winning catch was taken by Dinesh Chandimal. He is one of seven different captains Sri Lanka have had in just the past two years. He leads in understated fashion, but by example. His century in the first innings of this series set the shock win in motion.

Stat of the day This was the ninth Test Pakistan have lost in their past 11 matches, a run that started when they lost the final match of their three-Test series against West Indies in Sharjah last year. They have not drawn a match in almost two years and 19 matches, since they were held by England at the Zayed Cricket Stadium in Abu Dhabi in 2015.

The verdict Mickey Arthur basically acknowledged he had erred by basing Pakistan’s gameplan around three seam bowlers and asking for pitches with plenty of grass in Abu Dhabi and Sharjah. Why would Pakistan want to change the method that has treated them so well on these grounds in the past 10 years? It is unlikely Misbah-ul-Haq would have made the same mistake.

PREMIER LEAGUE FIXTURES

Saturday (UAE kick-off times)

Watford v Leicester City (3.30pm)

Brighton v Arsenal (6pm)

West Ham v Wolves (8.30pm)

Bournemouth v Crystal Palace (10.45pm)

Sunday

Newcastle United v Sheffield United (5pm)

Aston Villa v Chelsea (7.15pm)

Everton v Liverpool (10pm)

Monday

Manchester City v Burnley (11pm)

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

UAE currency: the story behind the money in your pockets
Scores in brief:

Boost Defenders 205-5 in 20 overs
(Colin Ingram 84 not out, Cameron Delport 36, William Somerville 2-28)
bt Auckland Aces 170 for 5 in 20 overs
(Rob O’Donnell 67 not out, Kyle Abbott 3-21).

The Bio

Favourite Emirati dish: I have so many because it has a lot of herbs and vegetables. Harees  (oats with chicken) is one of them

Favourite place to go to: Dubai Mall because it has lots of sports shops.

Her motivation: My performance because I know that whatever I do, if I put the effort in, I’ll get results

During her free time: I like to drink coffee - a latte no sugar and no flavours. I do not like cold drinks

Pet peeve: That with every meal they give you a fries and Pepsi. That is so unhealthy

Advice to anyone who wants to be an ironman: Go for the goal. If you are consistent, you will get there. With the first one, it might not be what they want but they should start and just do it

Results:

5pm: Abu Dhabi Fillies Classic (PA) Prestige Dh 110,000 1.400m | Winner: AF Mouthirah, Tadhg O’Shea (jockey), Ernst Oertel (trainer)

5.30pm: Abu Dhabi Colts Classic (PA) Prestige Dh 110,000 1,400m | Winner: AF Saab, Antonio Fresu, Ernst Oertel

6pm: Maiden (PA) Dh 80,000 1,600m | Winner: Majd Al Gharbia, Saif Al Balushi, Ridha ben Attia

6.30pm: Abu Dhabi Championship (PA) Listed Dh 180,000 1,600m | Winner: RB Money To Burn, Pat Cosgrave, Eric Lemartinel

7pm: Wathba Stallions Cup (PA) Handicap Dh 70,000 2,200m | Winner: AF Kafu, Tadhg O’Shea, Ernst Oertel

7.30pm: Handicap (PA) Dh 100,000 2,400m | Winner: Brass Ring, Fabrice Veron, Ismail Mohammed

HAJJAN
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Spec%20sheet
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The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

START-UPS%20IN%20BATCH%204%20OF%20SANABIL%20500'S%20ACCELERATOR%20PROGRAMME
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If you go

The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at. 
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.   

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Updated: April 14, 2022, 6:37 AM