Lexis®Library update: The industries sanctioned include Russian Railways, Kronshtadt, a defence company and the main producer of Russian drones and the Wagner Group, the organisation Russian mercenaries reportedly tasked with assassinating President Zelenskyy. The world’s largest diamond producer Alrosa has also been sanctioned and six more banks are targeted, including Alfa Bank whose cofounders include previously sanctioned oligarchs Mikhail Fridman, Petr Aven and German Khan. Individuals sanctioned include the billionaire oil tycoon Eugene Shvidler, founder of Tinkoff bank Oleg Tinkov, Herman Gref, the CEO of Russia’s largest bank Sberbank, the Foreign Minister Lavrov’s step daughter Polina Kovaleva and Galina Danilchenko, who is the first individual to be sanctioned for collaboration with Russian forces currently in Ukraine.
For more information, see: Conflict in Ukraine—UK sanctions tracker.
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This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 24 March 2022 and is published with permission. Further information can be found at: https://www.lexisnexis.co.uk/
