UK announces new Russia sanctions - Part 2
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Insight Article 16 May 2022 16 May 2022
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UK & Europe
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Geopolitical outlook
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Regulatory & Investigations
On 13 May 2022, the UK government announced new Russia sanctions, targeting 12 individuals said to be funding Vladimir Putin’s lifestyle.
The measures are said to reflect the difficulties of sanctioning a President whose official assets are comparatively “modest”, including “a small flat in St Petersburg, 2 Soviet-era cars from the 1950s, a trailer, and a small garage”. Those sanctioned include:
- Alina Kabaeva, a retired Olympic gymnast and Chair of the Board of the National Media Group;
- Anna Zatseplina, grandmother of Alina Kabaeva;
- Igor Putin, first cousin of Putin;
- Alexander Plekhov, a close friend of Putin; and
- Viktor Khmarin, a Russian lawyer and friend of Putin.
The notice can be found here: Notice_Russia_130522.pdf (publishing.service.gov.uk)
The government press release can be found here: UK sanctions the shady network funding Putin's lavish lifestyle - GOV.UK (www.gov.uk)
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