UK Targets Putin’s Inner Circle with New Sanctions
14 February 2025
The United Kingdom has today announced a new package of sanctions targeting the inner circle of Russian President Vladimir Putin. The sanctions will freeze the assets of and impose travel bans on a number of individuals close to Putin, including oligarchs, family members, and other associates.
The move comes in response to Russia’s ongoing invasion of Ukraine. The UK government has said that the sanctions are aimed at “punishing those who have enabled and profited from Putin’s regime.”
“These individuals have grown wealthy off the back of the Russian people and their ill-gotten gains have helped to fund Putin’s war machine,” said Foreign Secretary James Cleverly. “We will continue to target those who support Putin’s regime until Ukraine prevails.”
The new sanctions will target individuals who have been accused of supporting or enabling Putin’s invasion of Ukraine. This includes those who have provided financial or material support to the Russian military, as well as those who have been involved in spreading disinformation about the war.
The sanctions will also target family members of Putin and other close associates. This is in line with the UK’s policy of targeting the assets of those who are closely connected to the Russian regime.
The UK government has said that it will continue to work with its international partners to impose sanctions on Russia. The government has also said that it is prepared to impose further sanctions on Russia if the invasion of Ukraine continues.
List of Individuals Sanctioned
The following individuals have been sanctioned by the UK government:
- Igor Sechin, CEO of Rosneft
- Sergei Lavrov, Minister of Foreign Affairs
- Nikolai Patrushev, Secretary of the Security Council
- Dmitry Peskov, Press Secretary to the President
- Maria Zakharova, Spokesperson for the Ministry of Foreign Affairs
- Alisher Usmanov, oligarch
- Roman Abramovich, oligarch
- Mikhail Fridman, oligarch
- Petr Aven, oligarch
- Alexey Mordashov, oligarch
- Gennady Timchenko, oligarch
- Sberbank, Russia’s largest bank
- Gazprom, Russia’s largest gas company
Impact of the Sanctions
The sanctions are expected to have a significant impact on the individuals and entities targeted. The freezing of their assets will make it difficult for them to do business and travel. The travel bans will also prevent them from leaving Russia.
The sanctions are also expected to have a negative impact on the Russian economy. The targeting of Sberbank and Gazprom will make it more difficult for Russia to raise funds and do business with the international community.
The UK government has said that it is prepared to impose further sanctions on Russia if the invasion of Ukraine continues. The government has also said that it will work with its international partners to ensure that the sanctions are effective.
UK targets Putin’s inner circle with new sanctions
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