OUR Britannia imposed sanctions four Russian steel and petrochemical business owners, including the former head of Evraz steel company, were announced today by the British government. This is the last action he takes against her. Moscow due to war in Ukraine.

The sanctioned include Alexander Abramov and Alexander Frolov, whom Britain describes as prominent associates of Russian oligarch Roman Abramovich, who was sanctioned earlier this year.

According to the Foreign Ministry, it is indicated that the net worth of Abramov is estimated at 4.1 billion pounds (4.76 billion euros), Frolov – at 1.7 billion pounds (1.9 billion euros). The statement added that they were persecuted for their involvement in the mining, transport and construction industries.

Frolov is a former Evraz chief executive who has also been sanctioned by the UK for operating in sectors of “strategic importance to the Russian government.”

“Today, we are sanctioning four more oligarchs who rely on Putin for their positions of power and in turn finance his war machine,” Secretary of State James Cleverly said.

“By targeting these people, we are increasing the economic pressure on (Russian President Vladimir) Putin and will continue to do so until Ukraine wins.”

What do fines include?

The sanctions applied include a travel ban, an asset freeze and transportation sanctions, the State Department said in a statement.

The British government, which has been led by three prime ministers this year, has consistently stuck to its stance on the war, imposing sanctions on hundreds of Russian individuals and entities since Moscow sent troops into Ukraine on February 24.

Prime Minister Rishi Sunak, in a telephone conversation with Ukrainian President Volodymyr Zelensky after taking office last week, promised him that Ukraine’s support for the country would be firm and “as strong as ever under his premiership.”

The government said it also sanctioned Airat Shaimiev, who is worth an estimated £902 million (€1.04 billion), and Albert Shigabutninov, who is worth an estimated £977 million (€1.13 billion).

The State Department statement said that Shigabutninov controlled about 96 percent of chemical and petrochemical processing in Russian Tatarstan, including the production of crude oil.

^{Source: APE-MEB, Reuters}