funds

  • Abramovich’s Chelsea sale funds still frozen

    The £2.5bn generated from the sale of Premier League club Chelsea by Roman Abramovich remains frozen by the UK government after almost two years, rather than any being released to help Ukraine. The west London club was put up for sale within days of the full-scale invasion of Ukraine by Russia before Abramovich was placed…

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  • South African President Jacob Zuma should reimburse the state for $507,000 in a scandal over upgrades to his private home, according to a report by the national treasury released Monday. Image: South African Presidenf, Jacob Zuma. The money amounts to a “reasonable percentage” of costs for improvements to Zuma’s Nkandla home that were unrelated to…

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  • Sir Elton John and JK Rowling have been revealed as the top two charitable celebrities. A large number of kind-hearted celebrities and philanthropists gave a total of £1 million or more to charity last year. Sir Elton is said to have given nearly £27 million, much of which went to his AIDS Foundation founded in 1992 as…

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  • Didier Drogba is very angry and has taken steps towards suing a British website for an alleged statement that only a fraction of the outrageous funds from his Charity Foundation is spent on charity projects. The newspapers continued that a big part of the funds is spent on lavish fundraising parties but the foundation claims…

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  • Thumbs up, Harrison Ford! The ‘Star Wars’ actor has put on sale in New York the battered leather jacket he wore in making the movie. The jacket was put on auction to fight a cause very dear to his heart – epilepsy.

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