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Bangkok Post
Bangkok Post
Business

The Island Where Abramovich Kept His $7 Billion Now Scrutinizing the Oligarch

The island of Jersey has never been formally incorporated into the UK. (Photo: AFP)

For years authorities on this small island in the English Channel have tried to clean up its image as a tax haven for the super rich, marketing it as a well-governed offshore financial center enshrined in the rule of law.

The makeover helped draw billions of dollars in new assets to the territory from other well-known, but scandal-plagued havens like the British Virgin Islands and the Cayman Islands.

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