The three Russian oligarchs hit by UK sanctions

Three super-rich Russian oligarchs with shut ties to Vladimir Putin have been blacklisted with punishing UK sanctions.
Prime Minister Boris Johnson recognized the trio of "very excessive web wealth people" as Gennady Timchenko, Boris Rotenberg and his nephew Igor Rotenberg.
The lads have been focused in a "first barrage" of punitive measures, Mr Johnson stated.

The sanctions against three oligarchs is a message to people around Putin, in his inner-circle, that they could also be blacklisted if Russia goes further.
The sanctions towards three oligarchs is a message to folks round Putin, in his inner-circle, that they may be blacklisted if Russia goes additional.(Getty)

"Any property they maintain within the UK will probably be frozen, the people involved will probably be banned from travelling right here and we are going to prohibit all UK people and entities from having any dealings with them," he stated.
"This the primary tranche, the primary barrage, of what we're ready to do and we maintain additional sanctions at readiness to be deployed."
So who're the three uber-rich, billionaire oligarchs?

Gennady Timchenko

With an estimated web price of $32.5 billion, Mr Timchenko is one in every of Russia's strongest males.
He's concerned in a variety of Russian companies, together with fuel firm Novatek and petrochemical producer Sibur Holding.
Mr Timchenko is a significant shareholder in Financial institution Rossiya, one in every of 5 Russian banks sanctioned by the UK.

Gennady Nikolayevich Timchenko is a major shareholder in Bank Rossiya
Gennady Nikolayevich Timchenko is a significant shareholder in Financial institution Rossiya(AP Picture / Dmitri Lovetsky)

The UK International Workplace stated Financial institution Rossiya is a key stakeholder within the Nationwide Media Group which helps Russian coverage in destabilising Ukraine.
Financial institution Rossiya was seen by the British authorities to be a beneficiary of Russia's annexation of Crimea in 2014.
Mr Timchenko is a detailed buddy and ally of Mr Putin.

Boris Rotenberg

Forbes estimate Mr Rotenberg's web price at $1.6 billion.
A childhood buddy of Mr Putin, Mr Rotenberg is a significant shareholder and director of SMP Financial institution.
He's additionally a co-owner of SGM, the biggest development firm for fuel pipelines and electrical energy provide strains in Russia.

Russian President Vladimir Putin, is pictured alongside businessman and billionaire Arkady Rotenberg, who is the brother Boris Rotenberg.
Russian President Vladimir Putin, is pictured alongside businessman and billionaire Arkady Rotenberg, who's the brother Boris Rotenberg.(Alexei Druzhinin / Sputnik)

"The Rotenberg brothers have identified Putin since they have been boys rising up in St Petersburg," the UK International Workplace stated.
"A former skilled judo coach, he was the Russian President's former sparring associate.
"Boris can also be a member of the St. Petersburg Connection, a strong power foyer beneath the management of Putin."

Igor Rotenberg

The son of billionaire Arkady Rotenberg, Forbes price Mr Rotenberg's wealth at $1.2 billion.
His father's web price is estimated to be $4.7 billion.
Mr Rotenberg is the chairman of the board of administrators of Nationwide Telematic Techniques.
He additionally controls drilling firm Gazprom Bureniye.
"The Rotenbergs are intently related to Vladimir Putin," the UK Residence Workplace stated, explaining the rationale behind the sanctions.
All three males have already been sanctioned by the US; Mr Timchenko and Boris Rotenberg in 2014, and Igor Rotenberg in 2018.
The sanctions ship a message to folks near Mr Putin, and people within the president's inner-circle, that they might be subsequent if Russia presses additional in Ukraine.
It's unclear if Mr Timchenko and the Rotenbergs are included in just-announced Australian sanctions.
However whereas not explicitly naming people, Prime Minister Scott Morrison stated these sanctioned by Australia have been the identical males sanctioned by the US and the UK.

Post a Comment

Previous Post Next Post