The British authorities stated on Wednesday that it had sanctioned 4 Russian metal and petrochemical tycoons in relation to the conflict in Ukraine.
These sanctioned included Alexander Abramov and Alexander Frolov, who Britain described as identified associates of oligarch Roman Abramovich, who was himself sanctioned earlier this yr.
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The pair had been focused for his or her involvement within the extractive, transport and building sectors, Britain’s Overseas Workplace stated.
“Right now we’re sanctioning a further 4 oligarchs who depend on Putin for his or her positions of authority and in flip fund his navy machine,” Overseas Secretary James Cleverly stated.
“By focusing on these people, we’re ramping up the financial stress on Putin and can proceed to take action till Ukraine prevails.”