Ownership of an investment company linked to Russian oligarch was transferred to one of the 55-year-old billionaire's closest allies the day that invaded Ukraine, according to a report.
On Tuesday, it was reported by that Norma Investments Ltd - which has been linked to Abramovich in the past in financial filings in the U.S. and U.K. - was transferred on February 24 to a man described by Forbes as Abramovich's 'right hand man'.
David Davidovich, 59, is himself worth an estimated $1.6 billion (£1.2bn).
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