Ukraine publishes list of art objects in Roman Abramovich's collection
The purpose of these actions is to prevent the circumvention of sanctions when purchasing works of art
Ukraine's National Agency for the Prevention of Corruption (NAPC) has published a list of artworks in the private collection of Russian businessman Roman Abramovich.
According to Ukrainian authorities, the total value of the collection is about $1 billion.
According to the agency's report, Abramovich's collection includes 367 pieces of art.
The list was published on the portal of the Ukrainian project "War and Art", which aims to "help track violations of sanctions in global transactions in the art market".
"The NACP calls on all responsible participants in the art market to disclose information about art objects owned by Russian oligarchs and use the data from the War and Sanctions portal," the statement reads, "so you can avoid transactions with such works, which may be qualified as a circumvention of sanctions in the future."
According to the list published by the NAPC, Abramovich's collection includes one of Francis Bacon's triptychs (worth $86 million), paintings by Pablo Picasso, Claude Monet, Lucien Freud, Piet Mondrian, David Hockney, Jackson Pollock and many others.
According to the NACP, the published information "cannot be found on the official websites of auction houses that sell works of art."
The report says that a few weeks before Russia's invasion of Ukraine, Abramovich transferred the rights to this collection to his wife, "probably to avoid the consequences of sanctions."
In September, the information about the art collection of Abramovich and his ex-wife was published by journalists of the British newspaper The Guardian and the network of investigative journalists OCCRP.
According to the investigation, control over the collection was transferred to Abramovich's ex-wife Daria Zhukova (they were married until 2017).
The British authorities consider Roman Abramovich to be a person close to the Kremlin and have imposed sanctions on him in connection with Russia's attack on Ukraine.
The businessman was allowed to sell the Chelsea football club only on the condition that the money would go to help the victims of the war.
Background. As a reminder, Abramovich hid his art collection worth almost $1 billion from sanctions.
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