OCCRP made its final update to the Russian Asset Tracker on August 4, 2022
Updated 21st Apr 2022
Kensington Palace Gardens mansion
Value $164,800,000
Location Kensington, London
Owner information
  • Owned by Cyprus-registered A. Corp Trustee Limited, care of U.K.-registered MHC (Services) Limited, and of Chrysanthou Mylona, 3,3030 Limassol, Cyprus.
  • According to financial statements from Dec. 31, 2020, MHC (Services) Limited was controlled by the British Virgin Islands-registered Norma Investments Limited, which in turn was controlled ultimately owned by Roman Abramovich.
  • Days after Abramovich was sanctioned by the U.K. government, in March 2022, David Davidovich — widely reported to be one of Roman Abramovich’s closest associates — became the new “personal with significant control” over MHC (Services) Limited.
  • The property acquisition was financed by Lindeza Worldwide Limited, a company linked to Abramovich and registered in the British Virgin Islands.
  • In 2016, Lindeza was named in a suspicious activity report filed with the U.S. government after it received an almost $8 million wire payment that a U.S. bank deemed suspicious and indicative of potential layering of funds.
Credit: OCCRP