UK freezes assets of seven Russian oligarchs including Roman Abramovich

Others added to sanctions list are Igor Sechin, Oleg Deripaska, Andrey Kostin, Alexei Miller, Nikolai Tokarev and Dmitri LebedevUkraine-Russia war – latest updatesThe Chelsea football club owner, Roman Abramovich, is among seven of Russia’s wealthiest and most influential oligarchs who have been hit with sanctions by the UK, in an effort to further punish allies of Vladimir Putin over the invasion of Ukraine.Abramovich was found by the UK government to have “received preferential treatment and concessions” from the Kremlin and through his business links been “involved in destabilising Ukraine and undermining and threatening the territorial integrity, sovereignty, and independence” of the eastern European country.Deripaska owns 45% of London-listed mining company En+ Group, whose executive chair until Monday was the Conservative party peer Lord Greg Barker. Deripaska’s stake was worth £1.6bn on Wednesday evening.Sechin is the chief executive of state-owned oil company Rosneft and formerly Russia’s deputy prime minister. France last week seized a superyacht that it said belonged to Sechin, although Rosneft has denied he owned it.Kostin is chair of the management board of Russia’s second-largest bank, VTB Bank. The bank, which was traded on the London Stock Exchange before the invasion, has also had sanctions imposed directly.Miller is the chair of the management committee of Gazprom, the state-controlled gas producer that was formerly a major sponsor of European football.Nikolai Tokarev is chair of Transneft, a major oil and gas company.Dmitri Lebedev is the chair of the board of Bank Rossiya, said by the EU to be the “personal bank of senior officials of the Russian Federation”. Continue reading…

Others added to sanctions list are Igor Sechin, Oleg Deripaska, Andrey Kostin, Alexei Miller, Nikolai Tokarev and Dmitri Lebedev

The Chelsea football club owner, Roman Abramovich, is among seven of Russia’s wealthiest and most influential oligarchs who have been hit with sanctions by the UK, in an effort to further punish allies of Vladimir Putin over the invasion of Ukraine.

Abramovich was found by the UK government to have “received preferential treatment and concessions” from the Kremlin and through his business links been “involved in destabilising Ukraine and undermining and threatening the territorial integrity, sovereignty, and independence” of the eastern European country.

Deripaska owns 45% of London-listed mining company En+ Group, whose executive chair until Monday was the Conservative party peer Lord Greg Barker. Deripaska’s stake was worth £1.6bn on Wednesday evening.

Sechin is the chief executive of state-owned oil company Rosneft and formerly Russia’s deputy prime minister. France last week seized a superyacht that it said belonged to Sechin, although Rosneft has denied he owned it.

Kostin is chair of the management board of Russia’s second-largest bank, VTB Bank. The bank, which was traded on the London Stock Exchange before the invasion, has also had sanctions imposed directly.

Miller is the chair of the management committee of Gazprom, the state-controlled gas producer that was formerly a major sponsor of European football.

Nikolai Tokarev is chair of Transneft, a major oil and gas company.

Dmitri Lebedev is the chair of the board of Bank Rossiya, said by the EU to be the “personal bank of senior officials of the Russian Federation”.

Continue reading…

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