Ukraine: UK sanctions oligarchs Alisher Usmanov and Igor Shuvalovon March 3, 2022 at 7:31 pm

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

Billionaire Alisher Usmanov and Russian ex-Deputy Prime Minister Igor Shuvalov face UK sanctions.

Alisher Usmanov with President Putin at the Kremlin in November 2018

Image source, Getty Images

The UK has announced sanctions on two more Russian oligarchs – Alisher Usmanov and Igor Shuvalov following Russia’s invasion of Ukraine.

Mr Usmanov’s company USM previously had sponsorship ties with Arsenal and – until this week – Everton.

Mr Shuvalov was formerly Russian President Vladimir Putin’s deputy prime minister.

The BBC is contacting the two men for their response.

Under the UK government’s new restrictions, their assets will be frozen and they will be banned from travelling to the UK.

British citizens and businesses will not be allowed to deal with them.

Foreign Secretary Liz Truss said: “Sanctioning Usmanov and Shuvalov sends a clear message that we will hit oligarchs and individuals closely associated with the Putin regime and his barbarous war.

“We won’t stop here – our aim is to cripple the Russian economy and starve Putin’s war machine.”

The government said the two men had “significant interests in the UK and close links to the Kremlin”.

In addition to connections with Premier League clubs, the government said Mr Usmanov owned Beechwood House in Highgate, worth an estimated £48m, and the 16th century Sutton Place estate in Surrey.

And it said Mr Shuvalov owned “two luxury apartments in central London worth an estimated £11m”.

The Foreign Office also says it has established an Oligarch Taskforce to co-ordinate work to sanction further oligarchs.

Earlier this week, the EU froze the assets of Mr Usmanov, saying he was “a pro-Kremlin oligarch with particularly close ties to Russian president Vladimir Putin”.

At the time, Mr Usmanov issued a statement at the time calling the EU’s decision “unfair” and adding that he would “use all legal means to protect my honour and reputation”.

- Advertisement -

Discover

Sponsor

Latest

Two more captured Britons charged by pro-Russian rebels, say reportson July 2, 2022 at 8:28 am

Andrew Hill and aid worker Dylan Healy are understood to be under investigation as mercenaries.Image source, SWN STwo more Britons captured by Russian forces...

Alan Shearer: Standard of refereeing is ‘unacceptable’on December 20, 2021 at 10:43 am

Alan Shearer urges head of Premier League referees Mike Riley to "take responsibility" for the "unacceptable" level of refereeing decisions in recent matches.

Kuenssberg: Truss returns – and it could be trouble for PMon February 4, 2023 at 1:30 pm

The former PM returns to the political fray via a newspaper op-ed - and Rishi Sunak can't afford to ignore her.Image source, ReutersBy Laura...

Wimbledon: Simona Halep beats Amanda Anisimova to reach semi-finalson July 6, 2022 at 1:57 pm

Former champion Simona Halep's revival continues as she reaches the Wimbledon semi-finals with a rapid win over American Amanda Anisimova.Former champion Simona Halep's revival...

Whisky and visas could be part of a UK-India trade dealon April 22, 2022 at 11:30 am

Boris Johnson is hoping to strike a free trade deal with India within months.