Sanctioned Russian-Israeli billionaire Mikhail Fridman has lost a High Court challenge that would have allowed him extra funds to pay for the upkeep of his mansion.
The Ukrainian-born businessman took legal action after the Treasury’s Office of Financial Sanctions Implementation (Ofsi) denied permission for £30,000 monthly payments to cover the running costs of Athlone House, a multimillion-pound Victorian property in Highgate, north London.
