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Reading: Russian oligarchs with hyperlinks to Kremlin face UK ban below new sanctions
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Michigan Post > Blog > Politics > Russian oligarchs with hyperlinks to Kremlin face UK ban below new sanctions
Politics

Russian oligarchs with hyperlinks to Kremlin face UK ban below new sanctions

By Editorial Board Published February 24, 2025 4 Min Read
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Russian oligarchs with hyperlinks to Kremlin face UK ban below new sanctions

Russian oligarchs with hyperlinks to the Kremlin can now be banned from the UK, the federal government has introduced as a part of a recent sanctions package deal on the third anniversary of Vladimir Putin’s invasion of Ukraine.

The House Workplace mentioned “elites” linked to the Russian state can now be prevented from getting into the UK below the brand new sanctions.

Those that could possibly be banned embody anybody who supplies “significant support” to the Kremlin, those that owe their “significant status or wealth” to the Russian state, and people “who enjoy access to the highest levels” of the regime.

The announcement has been timed to coincide with the three-year anniversary of Russia’s invasion of Ukraine.

One other set of sanctions is predicted from the International Workplace on Monday.

Safety minister Dan Jarvis mentioned: “Border security is national security, and we will use all the tools at our disposal to protect our country against the threat from Russia.

“The measures introduced at present slam the door shut to the oligarchs who’ve enriched themselves on the expense of the Russian folks while bankrolling this unlawful and unjustifiable struggle.

“My message to Putin’s friends in Moscow is simple: you are not welcome in the UK.”

The UK authorities mentioned Kremlin-linked elites can pose a “real and present danger to our way of life” as they denounce British values in public “while enjoying the benefits of the UK in private”.

It mentioned they will act as “tools” for the Russian state to allow President Putin’s aggression in Ukraine and past.

Shortly after the struggle in Ukraine began on 24 February 2022, the UK imposed monetary sanctions on oligarchs, together with closing authorized loopholes used to launder cash.

In November final 12 months, Operation Destabilise, run by the Nationwide Crime Company (NCA), efficiently disrupted two billion-dollar Russian cash laundering networks working world wide, together with within the UK which was a key hub.

They offered providers to Russian oligarchs and have been serving to fund Kremlin espionage operations.

Picture:
Ekatarina Zhdanova is alleged to have run a cash laundering community referred to as Good that has been shut down. Pic: NCA

One of many key gamers was recognized as Ekaterina Zhdanova who’s alleged to have run a cash laundering community referred to as Good. She was sanctioned by the US in November final 12 months and is presently in French custody awaiting a trial.

A complete of 84 arrests have been made below Operation Destabilise in November and greater than £20m in illicit funds seized.

The NCA has made an extra six arrests since then and seized £1m extra in case.

The networks additionally helped Russian shoppers to illegally bypass monetary restrictions to take a position cash within the UK.

US officers have been in talks with their Russian counterparts in Saudi Arabia over the way forward for Ukraine for the previous week.

Nevertheless, neither Ukraine nor any European nation was on the desk, with Ukrainian President Volodymyr Zelenskyy saying he won’t settle for any peace deal Kyiv just isn’t concerned in.

Sir Keir Starmer has backed Mr Zelenskyy on that so all eyes might be on the prime minister when he visits Mr Trump in Washington DC this week.

TAGGED:banFaceKremlinlinksoligarchsRussiansanctions
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