Home Business News Sanctions hit seven Russian oligarchs including Roman Abramovich as ‘they are complicit’ Putin’s ‘aggression’

Sanctions hit seven Russian oligarchs including Roman Abramovich as ‘they are complicit’ Putin’s ‘aggression’

by Mark Fitt Political Journalist
10th Mar 22 11:33 am

Roman Abramovich who owns Chelsea FC who is thought to be worth around £9.5bn has been sanctioned the British government along with other Russian oligarchs, who should hang their heads in shame.”

Foreign Secretary Liz Truss said the Government said the seven oligarchs who have been sanctioned are “complicit” in Vladimir Putin’s “aggression” due to their close links with the Russian President.

The oligarchs which includes Abramovich have been accused of having the “blood of the Ukrainian people … on their hands.”

Abramovich has been branded a pro-Kremlin oligarch and has had all of his assets frozen and is subject to a travel ban.

The government has updated their sanctions list, which hits seven new elite individuals and Abramovich has had a “close relationship for decades” with Putin, which the Chelsea FC owner has previously denied.

The list includes:

  • Roman Abramovich: owner of Chelsea FC and has stakes in steel giant Evraz and Norilsk Nickel;
  • Oleg Deripaska: has stakes in En+ Group;
  • Igor Sechin: chief executive of Rosneft;
  • Andrey Kostin: chairman of VTB bank;
  • Alexei Miller: chief executive of energy company Gazprom;
  • Nikolai Tokarev: president of the Russia state-owned pipeline company Transneft;
  • Dmitri Lebedev: chairman of the Board of Directors of Bank Rossiya

“This association has included obtaining a financial benefit or other material benefit from Putin and the government of Russia,” the government said.

Oleg Deripaska who is an industrialist worth around £2bn who has close links with the British political establishment, was also targeted, as he was Putin’s “right-hand man” Igor Sechin.

Truss said the Government targeted the oligarchs to “ramp up the pressure on the Putin regime and choke off funds to his brutal war machine.”

She said, “With their close links to Putin they are complicit in his aggression.

“The blood of the Ukrainian people is on their hands. They should hang their heads in shame.”

Prime Minister Boris Johnson said, “There can be no safe havens for those who have supported Putin’s vicious assault on Ukraine.

“We will be ruthless in pursuing those who enable the killing of civilians, destruction of hospitals and illegal occupation of sovereign allies.”

Culture, Media and Sport secretary Nadine Dorries said on Thursday that while Chelsea’s owner has had sanctions placed on him, the football club will still operate as normal.

Dorries has issued a “special licence,” which means staff will still get paid and fixtures will be fulfilled.

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