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Sanctions of the UK Roman Abramovich and six other Russian oligarchs – POLITICO

LONDON – The UK has sanctioned Chelsea Football Club owner Roman Abramovich and six other Russian oligarchs, after drawing criticism for being slow to target individuals.

The British government on Thursday added seven oligarchs with a collective fortune of around £15 billion to its list of individuals sanctioned for Russia’s invasion of Ukraine.

Abramovich, his one-time business partner Oleg Deripaska and Rosneft CEO Igor Sechin have seen their UK assets frozen. They have also been banned from doing business with UK citizens and businesses and from traveling to the UK.

Four other members of Putin’s inner circle have their assets frozen and travel banned. They are Andrey Kostin, President of VTB Bank; Alexei Miller, CEO of Gazprom; Nikolai Tokarev, president of the pipeline company Transneft; and Dmitri Lebedev, Chairman of the Board of Directors of Bank Rossiya.

“Today’s sanctions are the latest step in the UK’s unwavering support for the Ukrainian people,” British Prime Minister Boris Johnson said. “We will be ruthless in our pursuit of those who allow the killing of civilians, the destruction of hospitals and the illegal occupation of sovereign allies.”

Abramovich, who is in the process of selling Chelsea, is one of only seven tycoons not yet on the US, EU or both sanctions list.

The UK Government has announced a permit allowing certain football-related activities to continue at Chelsea, with the impact of sanctions on the football club it will be allowed to resume activities. match – although the sale of Abramovich’s club has now cooled down.

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Fry Electronics Team

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