[Russia] - Approved Russian Billionaire Fridman Returns to Moscow, Intends to Move to Israel-- Reports

INSUBCONTINENT EXCLUSIVE:
Updated to add details from the Financial Times' report.Russian billionaire Mikhail Fridman has left Britain and intends to move to Israel,
the RBC news website reported Monday, citing an unidentified source familiar with the matter.Alfa Group, the investment conglomerate which
Fridman co-founded, confirmed this information to RBC."The businessman is currently in Moscow and now plans to visit Russia regularly," Alfa
unprecedented attack on the country from the Palestinian exclave of Gaza.Fridman, 57, was born in Soviet Ukraine and holds Israeli
citizenship in addition to his Russian citizenship.He had been living in his multi-million-pound London mansion when Britain placed him on
also hit by European Union and U.S
sanctions, has argued that the financial penalties against him were disproportionate and that billionaires such as himself have little
has since attempted to appeal to the European Union to lift the sanctions against him.In March, it was revealed that several prominent
Russian opposition activists had signed a letter to the European Commission at Fridman's request asking for the sanctions against him and
his partners to be lifted
This led to a rift in Russia's already fragmented political opposition.The U.S.-funded media outlets Current Time and Radio Svoboda Ukraine
reported that Fridman-linked companies supplied equipment and uniforms to the Russian army and insured the property of the Russian National
Guard.