Russian oligarch Fridman manages to stop investigations against him in UK

Radio Liberty reports.

"The NCA can confirm that it will take no further action against Mikhail Fridman based on the warrant executed at Athlone House in December 2022," the NCA said in a brief statement, referring to his mansion in north London.

"Inquiries are on-going in relation to associated suspects who fall under the wider investigation," the agency added.

The Times newspaper reported the agency had admitted its raid on his home was unlawful and that allegations of conspiring to circumvent sanctions, money laundering, fraud and perjury had been dropped.

The NCA would have to pay damages for trespass, cover his legal bills and return seized cash.

In July, the Russian businessman, who resides in London, won the right to bring a legal challenge at the High Court over the morning raid on his home. His legal team had argued the warrant relied on false allegations from a 2012 Wikileaks document, which had since been disproved.

• In December 2022, Russian oligarch Fridman was arrested and released on bail in London. The NCA held a large-scale operation in London's elite Pimlico neighborhood to arrest the Russian businessman.

• In early April, the UK dropped two of the three charges against Fridman.

• In July, it was reported that Fridman's defense team was disputing the EU sanctions and claiming that they had ruined his life.