UK adds Russian President Putin’s ex-wife, alleged girlfriend to sanctions list – Times of India

LONDON: The UK authorities on Friday added additional names to its checklist of monetary sanctions geared toward Russian President Vladimir Putin, together with his former spouse and a retired gymnast allegedly in a relationship with him, in response to the continuing conflict with Ukraine.
UK overseas secretary Liz Truss stated the newest tranche of sanctions are supposed to strike at Putin’s “wallet” of household and buddies, whom he rewards with state positions and wealth in return for his or her timeless loyalty. She famous that whereas the Russian President’s official assets are “modest”, his life-style is funded by a cabal of household, buddies and elites.
“We are exposing and focusing on the shady community propping up Putin’s luxurious life-style and tightening the vice on his internal circle. We will hold going with sanctions on all these aiding and abetting Putin’s aggression till Ukraine prevails,” said Truss.
The UK Foreign Office pointed out that official records list few assets for President Putin including: a small flat in St. Petersburg, two Soviet-era cars from the 1950s, a trailer, and a small garage.
“In reality, Putin relies on his network of family, childhood friends, and selected elite who have benefited from his rule and in turn support his lifestyle. Their reward is influence over the affairs of the Russian state that goes far beyond their formal positions,” the Foreign Office said.
Lyudmila Ocheretnaya, the former First Lady of the Russian Federation, is on the list of sanctions for benefiting from preferential business relationships with state-owned entities since her divorce from Putin in 2014.
Alina Kabaeva, a retired Olympic gymnast, is also on the sanctions list. The Foreign Office said she has risen to become Chair of the Board of the National Media Group, reportedly the largest private Russian media company, and is alleged to have a “close personal relationship with Putin”.
Also sanctioned is Anna Zatseplina, grandmother of Alina Kabaeva and associate of Gennady Timchenko – a longstanding Putin associate sanctioned by the UK in February 2022. Others include first cousins of Putin, Russian businessmen and close friends reportedly part of the “cabal who owe Putin their wealth and energy, and in flip assist his struggle machine”.
The Foreign Office stated Friday’s sanctions isolate the relations and financiers deep inside Putin’s internal circle, “compounding” the strain on the Russian President as he continues his “senseless invasion into Ukraine”.
Since the invasion, the UK claims to have sanctioned, or designated, over 1,000 people and 100 entities, together with oligarchs with a web international price of over GBP 117 billion.
The sanctions cowl an asset freeze which prevents any UK citizen, or any enterprise within the UK, from coping with any funds or financial sources that are owned, held or managed by the designated individual. A journey ban additionally applies, which signifies that the designated individual should be refused go away to enter or to stay within the UK.

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