V&A at risk of violating Ukraine war sanctions if it returns Fabergé egg to Russian oligarch
14 May 2022
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Sanctions
Tom Keatinge, Director of Centre for Financial Crime & Security Studies at defence and security thinktank RUSI, said that the V&A could risk violating the terms of Government sanctions if the egg is a financial asset of Mr Vekselberg. “If you break it down, whether its an egg or a yacht or a house, it can be an asset of a sanctioned person. Be it a port, estate agent or museum, they all have the same obligations,” he told i. “When people think about sanctions normally, they think about bank accounts being frozen, and other financial things. Everyone is very focused on yachts, but plenty of people in other industries probably don’t realise that those sanctions apply to them as much as Barclays.”