Sanctioned Russian banker forfeits over £780,000 in deal with UK law enforcement

A London, UK court, on 29 July, ratified an agreement between the National Crime Agency (NCA) and Stephen Gater, estate manager in the UK for Petr Aven, sanctioned former head of Alfa Bank, Russia's largest commercial lender, under which UK£783,827.34 (US$1,007,923) will pass to UK authorities.

A London, UK court, on 29 July [2024], ratified an agreement between the National Crime Agency (NCA) and Stephen Gater, estate manager in the UK for Petr Aven, sanctioned former head of Alfa Bank, Russia's largest commercial lender, under which UK£783,827.34 (US$1,007,923) will pass to UK authorities. [1]