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33
A spokesman for Russian oil company Sibneft, of which Mr Abramovich
owns about half, said the tycoon had carefully considered Russian teams before
investing abroad. “ He looked at several Russian teams aver the last couple of
years, but there were no deals available that met his requirements,” said John
Mann.
Mr Abramovich’s riches have breathed new life into a moribund transfer
market, with endless press speculation over which player might be next on
Ghelsea’s shopping list. The club’s holding company, Chelsea Village, is due to
leave London’s Alternative Investment Market on 22 August.
The Finantial Services Authority has launched an inquiry into Chelsea’s
shareholdings in the run-up to Mr Abramovich’s takeover.
The FSA said last week it had information to suggest publicly disclosed
shareholdings in Chelsea Village might have been inaccurate and the market could
have been misled about the company’s true ownership.
9. N Korea accused over drugs haul
Australian Foreign Minister Alexander Downer has expressed concern over
North Korea’s possible role in trafficking drugs to Australia.
Mr Downer’s comments came after an official from North Korea’s ruling
Worker’s Party was found on board a state-owned ship accused of brining A$80m
(US$50m) worth of heroin into Australia.
“ Whilst we can’t prove that the government made the decision to send this
ship… we are concerned that instrumentalities of the government may have been
involved in this,” Mr Downer said. “ We are concerned because the ship is Korean-
owned and it’s a totalitarian state, so in effect it is government-owned,” he added.
Mr Downer said he had arranged a meeting with North Korea’s ambassador to
Australia, Chon Jae-hong, to discuss the issue.
Australian intelligence services raided the Pong Su freighter last month, off
the country’s east coast. The Australian forces seized the heroin and arrested
approximately 30 crew members, most of whom are now awaiting trial in
33 A spokesman for Russian oil company Sibneft, of which Mr Abramovich owns about half, said the tycoon had carefully considered Russian teams before investing abroad. “He looked at several Russian teams aver the last couple of years, but there were no deals available that met his requirements,” said John Mann. Mr Abramovich’s riches have breathed new life into a moribund transfer market, with endless press speculation over which player might be next on Ghelsea’s shopping list. The club’s holding company, Chelsea Village, is due to leave London’s Alternative Investment Market on 22 August. The Finantial Services Authority has launched an inquiry into Chelsea’s shareholdings in the run-up to Mr Abramovich’s takeover. The FSA said last week it had information to suggest publicly disclosed shareholdings in Chelsea Village might have been inaccurate and the market could have been misled about the company’s true ownership. 9. N Korea accused over drugs haul Australian Foreign Minister Alexander Downer has expressed concern over North Korea’s possible role in trafficking drugs to Australia. Mr Downer’s comments came after an official from North Korea’s ruling Worker’s Party was found on board a state-owned ship accused of brining A$80m (US$50m) worth of heroin into Australia. “Whilst we can’t prove that the government made the decision to send this ship… we are concerned that instrumentalities of the government may have been involved in this,” Mr Downer said. “We are concerned because the ship is Korean- owned and it’s a totalitarian state, so in effect it is government-owned,” he added. Mr Downer said he had arranged a meeting with North Korea’s ambassador to Australia, Chon Jae-hong, to discuss the issue. Australian intelligence services raided the Pong Su freighter last month, off the country’s east coast. The Australian forces seized the heroin and arrested approximately 30 crew members, most of whom are now awaiting trial in
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