Ukraine: British sanctions on five Russian banks and three oligarchs – Who they are

THE Britainfollowing order from Kremlin to deploy troops in two breakaway regions of eastern Of Ukraineimposed today sanctions in five Russian banks and in three oligarchsincluding the Gennady Timchenkowho has close ties to the Russian president Vladimir Putin.

According to a telegram from Reuters, the British Prime Minister told the parliament that the five banks are the Russia, IS Bank, GenBank, Promsvyazbank and Black Sea Bankwhich are subject to sanctions, along with three people, Timchenko, mentioned earlier and Igor Arkadyevich Rotenberg and Boris Romanovich Rotenberg.

“This is the first installment, the first barrage of what we are ready to do,” he said can you Johnson. “Any assets they have in the UK will be frozen and they will not be allowed to travel here,” he said, referring to those subject to sanctions.

Some British MPs have asked Johnson to be stricter against the Russian capital, even demanding the expulsion of the Russian oligarchs from Britain and to “dig up” the Russian money from the City of London, reports the APE BPE.

Hundreds of billions of dollars have flowed into London and the British overseas territories from Russia since the fall of the Soviet Union in 1991 and London has become the western city selection for the super-rich of Russia and other former Soviet republics.

“Putin’s allies or friends”

Timchenko, one of the founders of the trading company Gunvorwas a major shareholder of Bank Rossiya, which was its shareholder National Media Groupwho supported the destabilization of Ukraine after the annexation of Crimea by Russia in 2014.

Bank Rossiya supported its consolidation Crimea with the Russian Federation with the integration of the financial system that followed the annexation of Crimea, says Britain.

Timchenko, whose fortune according to Forbes amounts to 23.5 billion sterlingis a close ally of Russian President Putin, as well as Rothenbergsaid Johnson.

«Boris Rothenberg… is a prominent Russian businessman with close personal ties to the Russian president” while “Igor Rothenberg is a prominent Russian businessman with close family ties to President Putin».

GenBank Bank

The The US Treasury Department has also imposed sanctions to Rothenberg, who are billionaires and have made a fortune during Putin’s rule.

«We must now prepare for the next possible stages of Putin’s planSaid Johnson, considering that “Putin creates the pretext for a full-scale attack».

Russia’s once-mighty economy, once superpowered, is now smaller than Italy, according to the IMF, with a nominal GDP of about $ 1.7 trillion.

Source: News Beast

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