The foreign secretary Liz Truss today announced that the UK has imposed sanctions on 65 more Russian people and businesses in order to cut off”vital industries fuelling Putin’s war machine”.
Truss said: “These oligarchs, businesses and hired thugs are complicit in the murder of innocent civilians and it is right that they pay the price.
“Putin should be under no illusions – we are united with our allies and will keep tightening the screw on the Russian economy to help ensure he fails in Ukraine. There will be no let-up.”
Boris Johnson, in Brussels for summits with the US, the EU and the G7 over Ukraine, said: “We’ve got to step up, we’ve got to increase our support, we’ve got to tighten the economic vice around Putin, sanctioning more people today as we are, sanctioning the Wagner Group, looking at what we can do to stop Putin using his gold reserves, and also doing more to help the Ukrainians defend themselves.”
The sanctioned individuals include the Wagner Group of Russian mercenaries – seen as Vladimir Putin’s private army – and Alfa Bank, Russia’s largest private bank.
Some of the individuals sanctioned include Polina Kovaleva, Russian foreign minister Sergei Lavrov’s stepdaughter, billionaire oil tycoon Eugene Shvidler and Herman Gref, the CEO of Russia’s largest bank Sberbank.