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The Foreign Secretary warned oligarchs linked to Vladimir Putin 'there will need to be a reckoning' over their backing for his despotic regime.
Roman Abramovich, left, and Russian President Vladimir Putin in Sochi, Russia, in 2016. Mikhail Svetlov/Getty Images Control of an investment firm
David Davidovich, described by Forbes as Roman Abramovich's 'right-hand man', has taken control of an investment firm based in the British Virgin Islands linked to Abramovich.
Norma Investments was controlled by Abramovich but on February 24, ownership shifted to "right-hand man" David Davidovich, The WSJ reported.
Norma Investments Ltd in British Virgin Islands was transferred over as soon as Putin’s forces marched in, according to Wall Street Journal