Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Factbox-UK imposes new sanctions on Russian elites and businesses

FILE PHOTO: The logo of Russian state shipping company Sovcomflot is seen on the multifunctional icebreaking standby vessel "Yevgeny Primakov" moored in central St. Petersburg, Russia February 3, 2018. REUTERS/Anton Vaganov/File Photo

Britain on Thursday imposed new sanctions on Russian elites and businesses, targeting strategic industries including a defence company that makes drones, major shipping group Sovcomflot and top lender Gazprombank.

The government said the latest steps mean Britain has imposed sanctions on banks with total assets of 500 billion pounds ($658.65 billion) and oligarchs and family members with a net worth of more than 150 billion pounds.

Below are are the details of those sanctioned on Thursday:

- Alfa-Bank JSC, the largest of the private banks in Russia

- Alrosa, the world's largest diamond producer with an estimated market value of $6.61 billion according to Refinitiv data.

- Defence company Kronshtadt, the main producer of Russian drones

- Eugene Markovich Shvidler, a billionaire businessman with close business links to Roman Abramovich, who was already been targeted by British sanctions

- Polina Kovaleva, stepdaughter of Russian foreign minister Sergey Lavrov, who the British government said reportedly owns a 4-million-pound property in London

- Oleg Tinkov, founder of Moscow-based commercial lender Tinkoff Bank and his net worth is estimated at $4.7 billion by Forbes

- German Gref, boss of Russia's largest lender Sberbank, who served as Russian President Vladimir Putin's Minister of Economic Development and Trade between 2000 and 2007

- Oleg Aksyutin, the deputy chairman of the management board at energy group Gazprom

- Didier Casimiro, the first vice president of oil company Rosneft

- Zeljko Runje, the deputy chairman of the management board and first vice president for oil, gas, and offshore business development of Rosneft

- Galina Danilchenko, who was installed as the mayor of Ukrainian city Melitopol by Russian authorities after their invasion

($1 = 0.7591 pounds)

(Reporting by Muvija M. Editing by Andrew MacAskill)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.