Australia Sanctions Russian Oligarchs

The Australian government imposed fresh sanctions on Russian oligarchs on March 14, joining the European Union, the United Kingdom, and the United States in response to the Russian invasion on Ukraine.

Australia designated 33 individuals, including London-based Chelsea Football Club owner Roman Abramovich, Gazprom Chief Executive Alexey Miller, and Rossiya Chairman Dmitri Lebedev.

Australia also sanctioned Transneft Chief Executive Nikolay Tokarev, Vnesheconombank Chairman Igor Shuvalov, and Russian Direct Investment Fund Chief Executive Kirill Dmitriev.

“The sanctions announced today reinforce Australia’s commitment to sanction those people who have amassed vast personal wealth and are of economic and strategic significance to Russia, including as a result of their connections to Russian President Vladimir Putin,” the Australian Foreign Ministry said in a statement.

Australia has imposed over 460 sanctions on individuals and entities since Putin’s invasion on Ukraine. This includes the Central Bank of Russia, the Russian Armed Forces, and Putin’s Security Council.

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