UK announces new sanctions against Russia, hitting Putin’s inner circle

On June 29, the UK government has announced new sanctions against Russia over its invasion of Ukraine.

“Amongst those sanctioned is Vladimir Potanin – Russia’s second richest man and owner of major conglomerate Interros. Potanin continues to amass wealth as he supports Putin’s regime, acquiring Rosbank, and shares in Tinkoff Bank in the period since Russia’s invasion of Ukraine,” reads the press release published by the UK Foreign, Commonwealth & Development Office.

Anna Tsivileva, Putin’s first cousin and President of the prominent Russian coal mining company, JSC Kolmar Group, has also been sanctioned.

The UK government is also sanctioning a group of Russian individuals and companies for their involvement in repressing civilians and supporting the Assad regime in Syria.

“As long as Putin continues his abhorrent assault on Ukraine, we will use sanctions to weaken the Russian war machine. Today’s sanctions show that nothing and no one is off the table, including Putin’s inner circle,” a government spokesperson said.

As reported, on June 28, the U.S. Department of the Treasury jointly with the U.S. Department of State and other government agencies, announced sanctions against individuals and entities in the Russian Federation, as well as a ban on Russian gold imports.

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