Russian billionaire on EU sanctions list quits as Royal Academy trustee

Exclusive: Petr Aven’s donation returned after he was called one of Putin’s closest oligarchs in the list

A Russian billionaire named in EU sanctions “as one of Vladimir Putin’s closest oligarchs” stepped down on Tuesday as a trustee of the Royal Academy, which has also returned a donation he made towards a Francis Bacon exhibition.

The RA – which had had been among UK cultural institutions and bodies facing calls to sever ties with Russian oligarchs after Russia’s invasion of Ukraine – said that the billionaire banker Petr Aven would be stepping down with immediate effect.

Continue reading...

source https://www.theguardian.com/artanddesign/2022/mar/01/russian-billionaire-banker-petr-aven-royal-academy-trustee-eu-sanctions

No comments:

Post a Comment

Featured post

Ethiopia’s controversial quest for the sea

https://ift.tt/4t29xJd Ethiopia is famously landlocked. That’s why the ambitious Ethiopian prime minister Abiy Ahmed has long harbored visi...