Portugal blocks mansion sale over 'strong conviction' it belongs to Abramovich

Portugal blocks mansion sale over 'strong conviction' it belongs to Abramovich

Portugal blocks mansion sale over 'strong conviction' it belongs to Abramovich Register now for FREE unlimited access to Reuters.com LISBON, May 14 (Reuters) - Portugal blocked the sale of a 10 million euro ($10.4 million) luxury house over a "strong conviction" it belonged to sanctions-hit Russian billionaire Roman Abramovich, Foreign Minister Joao Cravinho said on Saturday. The property registry of the mansion in the luxury Quinta do Lago resort in the Algarve was frozen - meaning it cannot be sold, rented or mortgaged - on March 25 at the request of the foreign ministry, a month after Russia's full invasion of Ukraine. "We have a strong conviction, which hasn't been fully confirmed, the house belongs to Roman Abramovich," Cravinho said on the sidelines of a NATO meeting in Berlin. "The …
More on: www.reuters.com