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The EU sanctions Russian tycoon Roman Abramovich and 14 more oligarchs

The EU sanctions Russian tycoon Roman Abramovich and 14 more oligarchs

Roman Abramovich, the former owner of Chelsea, will not be able to enter the European Union and his assets will be frozen. The EU sanctions for the invasion of Ukraine affect a total of 877 people and 62 entities.

The European Union has approved a new package of sanctions against Russia and Belarus for the invasion of Ukraine, which adds more individuals to the blacklist of the community club, including the well-known businessman and the former owner of Chelsea, Roman Abramovich.

15 people and 9 entities integrate the fourth european sanctions list by Russia’s war in Ukraine, which entered into force this Tuesday with its publication in the Official Journal of the European Union (EU).

In addition to Roman Abramovich -whom the Premier League sacked on Saturday as owner of Chelsea- and khanmajority shareholder of Alfa Khan, the EU blacklist adds businessmen involved in key economic sectors, such as iron and steel, energy, banking, media, the military and dual-use products and services.

The list also includes Konstantin Ernst (the chairman of state television Channel 1 Russia) for pushing the “Kremlin narrative” about the situation in Ukraine.

is also Armen Gaspariana member of the Board of Directors of Russia Today, whose broadcasts the EU canceled in the previous package of sanctions.

As for the nine sanctioned entities companies from the aviation, military and dual-use technology, shipbuilding and machine building sectors are included.

In total, the EU’s restrictive measures now apply to a total of 877 people and 62 entities.

Sanctioned individuals are subject to a freeze of their assets and EU citizens and companies are prohibited from making funds available to them. Natural persons are also subject to a ban on travelling, entering or transiting through EU territories.

As announced by the President of the European Commission, Ursula von der Leyen, last Friday, the EU will also collaborate with its international partners to suspend Moscow from International Monetary Fund (IMF) and the world Bank.

Since the beginning of the invasion, on February 24, the EU countries have also frozen the assets of the central banks of Russia and Belarus and they have expelled seven Russian and three Belarusian entities from the SWIFT international communication system.

Source: Eitb

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