A lawyer for a Jewish billionaire says he is confident Cypriot authorities will investigate a complaint into whether a former Israeli army officer embezzled his client’s money on the island
May 3, 2021
On Saturday, Indian billionaire Adar Poonawalla made international headlines when he told the Times of London that he had moved to the UK “for an extended period of time.” The move, which Poonawalla justified as an effort to be with his wife and children and to evade a grave threat to his life in India, happened just before the UK stopped all Indian nationals from arriving in the country because of its high number of Covid-19 cases.
Poonawalla, who does not appear to be a UK citizen, is not the only wealthy Indian to flee the country other businesspeople, as well as Bollywood stars and cricketers, have also left, many on private jets. Even before the pandemic, the world’s wealthy have seemed to move wherever they want, no matter the visa restrictions that would otherwise inhibit the rest of us. Though a person’s visa status is sometimes a sensitive issue, the wealthy often have pathways available to them for legal migration that the rest of the world does not.