Shapps tweeted: “We will not stand idly by and watch those who have made millions through (Russian President Vladimir) Putin’s patronage live peaceful lives with innocent bloodshed. .”
The Department for Transport (DfT) said it had issued a notice to pilots (NOTAM) to prevent the plane from taking off from London Luton Airport.
The plane will remain at the airport while officials investigate further whether it falls under recent sanctions legislation that banned all Russia-linked planes following Russia’s invasion of Ukraine.
The DfT said it would not comment on the ownership of the aircraft during the investigation.
The department has seized a private helicopter and two private jets belonging to HeliCo Group LLC.
The two jets belonged to Eugene Shvidler, the sanctioned billionaire business partner of Roman Abramovich.
Russia has denied targeting civilians in the invasion that began on February 24 when Putin launched what he called a “special military operation” in Ukraine.