![]() ![]() Russia will resume its participation in the Black Sea grain deal, the defence ministry said today. Others receiving sanctions today are Airat Shaimiev, who has an estimated global net worth of £902m, and Albert Shigabutdinov, who has an estimated global net worth of £977m.Īll are subject to travel bans, asset freezes and transport sanctions. ![]() "By targeting these individuals, we are ramping up the economic pressure on Putin and will continue to do so until Ukraine prevails." "Today we are sanctioning an additional four oligarchs who rely on Putin for their positions of authority and in turn fund his military machine. They are reported to have UK property investments worth an estimated £100m.įoreign Secretary James Cleverly said: "Putin continues to rely on his cabal of selected elite to maintain control of his industrial complex and fuel his illegal invasion of Ukraine. The pair, associated with Roman Abramovich, had owned major stakes in Russian steel manufacturer Evraz plc, and are thought to have an estimated net worth of £4.1bn and £1.7bn respectively. They include Alexander Abramov and Alexander Frolov, who have been targeted for their involvement in the extractive, transport, and construction sectors. Downing Street has confirmed in the last few minutes that four additional Russian oligarchs with links to Vladimir Putin will be sanctioned. ![]()
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