HomeNewsWorldUK sanctions four Russian steel and petrochemical tycoons

UK sanctions four Russian steel and petrochemical tycoons

Those sanctioned included Alexander Abramov and Alexander Frolov, who Britain described as known associates of oligarch Roman Abramovich, who was himself sanctioned earlier this year.

November 02, 2022 / 16:51 IST
Story continues below Advertisement
Representative image
Representative image

The British government said on Wednesday that it had sanctioned four Russian steel and petrochemical tycoons in relation to the war in Ukraine.

Those sanctioned included Alexander Abramov and Alexander Frolov, who Britain described as known associates of oligarch Roman Abramovich, who was himself sanctioned earlier this year.

Story continues below Advertisement

The pair were targeted for their involvement in the extractive, transport and construction sectors, Britain's Foreign Office said.

"Today we are sanctioning an additional four oligarchs who rely on Putin for their positions of authority and in turn fund his military machine," Foreign Secretary James Cleverly said.