Espreso. Global

UK sanctions four Russian oligarchs for financing war against Ukraine 

2 November, 2022 Wednesday
22:44

Great Britain imposed new sanctions against steel and petrochemical tycoons who funded the Russian war against Ukraine

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The British government reported this on November 2.

“Today we are sanctioning an additional four oligarchs who rely on Putin for their positions of authority and in turn fund his military machine,” the Foreign Secretary James Cleverly said.

Cleverly said Putin relies on the elected elite to maintain control of his industrial complex and support illegal Russian invasion of Ukraine.

Sanctions have been imposed on two partners of oligarch Roman Abramovich - Alexander Abramov and Alexander Frolov, who have large stakes in Russian steel producer Evraz. In Britain, assets of these oligarchs were frozen. Abramov's capital was estimated at 4.1 billion pounds, and Frolov - 1.7 billion. Also, their investments in real estate in Great Britain amount to about 100 million pounds.

In addition, Airat Shaimiev, businessman and the CEO of state owned transport and construction company Tatavtodor, which builds and maintains roads in the Russian Federation, was added to the list of sanctions. His fortune is estimated at 902 million pounds.

Albert Shigabutdinov, another oligarch and owner of TAIF group of companies working in the field of energy, financial services and information communications, found himself under restrictions. His £977m has also been frozen.

Russian businessmen were banned from entering or staying in Britain. Their planes and boats are restricted from landing or docking in the country.

The UK has sanctioned more than 1,200 individuals and 120 entities, including more than 120 oligarchs with a net worth of more than £140 billion.

  • On September 19, 5 people died during the protests in Iran, which broke out due to the murder of Mahsa Amini. 

  • On September 22, the number of dead protesters increased to 31 people. 

  • On September 23, the United States imposed sanctions against Iranian security forces for the murder of Mahsa Amini due to improper wearing of the hijab and suppression of protests, which followed. 

  • On September 25, Iranian President Ibrahim Raisi vowed to "deal decisively" with the protests, which have now spread to most of Iran's 31 provinces.

  • On October 3, Iran's Supreme Leader Ayatollah Khamenei broke his silence on protests to accuse the US and Israel of organizing them. 

  • On October 20, Canada imposed new sanctions against Iran for its brutal crackdown on protests. 

  • On October 31, Canada imposed its fourth package of sanctions against Iran for alleged violations of human rights in this country.


 
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