UK sanctions targeting Putin’s inner circle include his cousin

• Anna Tsivileva, Putin’s cousin and president of a major mining firm, sanctioned.
• Vladimir Potanin, Russia’s second richest man, also sanctioned due to Ukraine war.
• UK government said sanctions intended to “weaken the Russian war machine”, Foreign Office says.

The UK has revealed its most recent round of penalties; against Vladimir Putin’s family and associates, including his cousin. Putin’s cousin and the head of a significant mining company; Anna Tsivileva, is a target of sanctions; according to the Foreign Office. On Wednesday, sanctions were also placed against Vladimir Potanin, the second-richest person in Russia; and a major ally of Putin’s government. The UK government stated that the goal of the sanctions; was to “weaken the Russian war machine.” Asset freezes and travel restrictions will apply to the couple.

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According to the Foreign Office, Ms. Tsivileva, who is the CEO; of renowned Russian coal mining company JSC Kolmar Group; benefited greatly from her friendship with the president.

According to Bloomberg, Mr. Potanin is worth $37.1 billion (£30.5 billion); and the UK claims that he is still accumulating riches; in support of Putin’s government.

Since the invasion of Ukraine, the billionaire, who controls Nornickel; the largest refined nickel and palladium manufacturer in the world; has purchased shares in Tinkoff Bank and the Russian bank Rosbank.

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