Government Policy

UK sanctions Russians, including Abramovich

Britain has imposed a travel ban and asset freezes on seven more wealthy Russians, including Roman Abramovich, the billionaire owner of Premier League soccer club Chelsea.

The government said Thursday that Abramovich’s assets are frozen, he is banned from visiting the U.K. and he is barred from transactions with U.K. individuals and businesses.

Abramovich said last week he was trying to sell Chelsea as the threat of sanctions loomed.

Also added to the U.K. sanctions list are industrialist Oleg Deripaska and Rosneft chief executive Igor Sechin.

The sanctions are being imposed in response to Russia’s invasion of neighboring Ukraine.

Source: United News of Bangladesh