August 14, 2022

It’s getting tougher to be an oligarch in Britain

The UK has announced sanctions on 386 members of the Russian parliament who voted in favour of Vladimir Putin’s invasion of Ukraine, foreign secretary Liz Truss has announced.

The sanctions will ban those listed from travelling to the UK, accessing assets held within the UK, and doing business here.

New powers will also be introduced to detain Russian aircraft in the UK and ban the export of aviation items.

Truss said the UK was “targeting those complicit in Putin’s illegal invasion of Ukraine and those who support this barbaric war”.

“We will not let up the pressure and will continue to tighten the screw on the Russian economy through sanctions,” she said.

“Together with our allies, we stand firmly beside our Ukrainian friends. We will continue to support Ukraine with humanitarian aid, defensive weapons, and diplomatic work to isolate Russia internationally.”

This is a breaking story. More to follow

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