Russian-Jewish billionaire Roman Abramovich, who moved to Israel in May, had sought to move to Switzerland but withdrew his residency bid when it looked set to be rejected, a Swiss migration official said Wednesday.
Swiss police argued that Abramovich was linked to “alleged money laundering and alleged contacts to criminal organisations.”
Police claimed “that Abramovich’s presence in the country would constitute a reputational risk for Switzerland –- and possibly even a public security risk,” the newspaper further reported. Abramovich became Israel’s richest citizen when he immigrated.
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