Roman Abramovich

Demolition actions have commenced on an illegal structure in Istanbul's Üsküdar district, where unauthorized construction was halted last month.

The area, overlooking the Bosphorus in the Vaniköy neighborhood, has been under scrutiny following the discovery of building violations.

Cyprus' government said Thursday it's looking into how a number of Cypriot nationals were included in a new round of US and UK sanctions targeting the financial networks of Russian oligarchs Alisher Usmanov and Roman Abramovich who are close allies of Russian President Vladimir Putin.

The European Union has frozen Russian assets worth around 17 billion euros since Moscow invaded Ukraine, EU Justice Commissioner Didier Reynders said in an interview.     

The figure has risen from the roughly 13.8 billion euros ($13.75 billion) "from oligarchs and other entities" that Reynders announced in July that the EU had frozen, mainly in five countries.    

Russian billionaire Roman Abramovich, who has been sanctioned by the U.K., European Union and Canada after the start of the Russian invasion of Ukraine on Feb. 24, has started making plans to settle in Istanbul, according to local media.

Roman Abramovich, the Russian billionaire tycoon who often prefers Türkiye's southern parts for spending summer vacations, has visited Istanbul this time, touring the city's Bosphorus neighborhood, Bebek.

As per claims, the purpose of his visit to Istanbul is to buy a mansion on the Bosphorus.

Russian billionaire Roman Abramovich - sanctioned by the U.K., European Union and Canada - has anchored two more superyachts in Turkish waters, bringing the total count to four.

According to Luxury Launches, a website publishing stories about the world's jet set, the 55-year-old tycoon brought 67-meter-long "Garcon" and 55-meter-long "Halo" to the Aegean coastal district of Göcek.

A superyacht that belongs to Russian oligarch Alexander Grigoryevich Abramov has arrived in the Bodrum district in the western province of Muğla.

Abramov is the owner of one of Russia's largest steel companies. His net worth is estimated at $8 billion.

Chelsea fans could have a clear idea of who will be the next owners of the Blues this week, with American bank Raine expected to reveal its preferred bidder from among three offers.

Raine was commissioned to lead the sale process by Roman Abramovich before the Russian was hit by U.K. government sanctions last month over his connections to Vladimir Putin.

Independent - Roman Abramovich has apparently been caught up in a government crackdown on people applying for investor visas and the Chelsea Football Club owner is unable to enter Britain because his is yet to be renewed.

The Russian businessman of Azeri origin Farkhad Akhmedov visited the Aegean province of Muğla on holiday with his family on Aug. 13.

The 62-year-old businessman enjoyed the Bodrum bay from the Turkish resort.

Photographs of him swimming and diving in the sea have been captured. Akhmedov also took a sunbath with his wife Tatyana and their three children.