Rome, March 16, the Italian Financial Police (Guardia di Finanza) today confiscated a luxury residential complex on the island of Sardinia owned by Petr Olegovich Avenue, a former Russian minister and banker who was included in the sanctions list of the European Union (EU) after the invasion of Russia Ukraine. Italy, which imposed sanctions to freeze the assets of the Russian oligarch, seized this residential complex located in the village of Punta Sardegna, north of the monopoly Porto Cervo, of which the oligarch owns a third, which amounts to about 4 million euros, according to local media reports. A few days ago, the 67-year-old Aven, who resigned as director of Alfa Bank, the first Russian commercial bank, was the Minister of International Economic Relations with Boris Yeltsin, and according to Forbes magazine, he has a fortune exceeding $5 billion and is the 529 richest person in the world. The oligarch is considered one of 50 Russian millionaires who regularly meet with Russian President Vladimir Putin in the Kremlin by the EU, which ensures that Aven acts at the request of the president. After criticizing the sanctions, Avon created “LetterOne”, an investment group based in Luxembourg, together with Mikhail Fridman, the most active other tycoon in the United Kingdom. The villa on Aven, in the embargo complex in Porto Rafael, is one of the first villas built in the Punta Sardinia area and is famous for the tragedy that occurred in 2015 when his wife, Elena, 57, died of a heart attack. After welcoming the sailors of the yacht, I returned to my residence.Best ccg/mr/fp
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