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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

Britain sanctions “financial fixers” for Abramovich, Usmanov.

Russian President Vladimir Putin (L) shakes hands with Russian businessman and founder of USM Holdin... Russian President Vladimir Putin (L) shakes hands with Russian businessman and founder of USM Holdings Alisher Usmanov during an awarding ceremony at the Kremlin in Moscow, Russia November 27, 2018. Sputnik/Alexei Nikolsky/Kremlin via REUTERS
Russian President Vladimir Putin (L) shakes hands with Russian businessman and founder of USM Holdin... Russian President Vladimir Putin (L) shakes hands with Russian businessman and founder of USM Holdings Alisher Usmanov during an awarding ceremony at the Kremlin in Moscow, Russia November 27, 2018. Sputnik/Alexei Nikolsky/Kremlin via REUTERS

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Britain’s fresh sanctions against Russia for the Ukrainian crisis targeted “financial fixers” for Roman Abramovich and Alisher Usmanov.

On Wednesday, Britain’s Foreign Office said the additional restrictions targeted anybody helping the two famous businessmen avoid financial fines.

“We are tightening the net on the Russian oligarchs and those who help them hide their money for war,” foreign minister James Cleverly said. “We’ll deny them hidden assets.”

The government sanctioned Cypriot “professional enablers” Demetris Ioannides and Christodoulos Vassiliades for building offshore entities and trusts.

Britain has sanctioned 1,550 Russians and 180 organizations and restricted billions of pounds in assets to punish Moscow for the European crisis.


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