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Britain Announces New Russia Sanctions List That Includes Potanin And Putin's Cousin.

Billionaire Vladimir Potanin (right) and Russian President Vladimir Putin (file photo)

Billionaire Vladimir Potanin (right) and Russian President Vladimir Putin (file photo)

The United Kingdom has announced new sanctions aimed at Russian President Vladimir Putin's inner circle, including his close ally Vladimir Potanin, the country's second-wealthiest man with an estimated net worth of more than $30 billion.

The British Foreign Office said in a statement on June 29 that Potanin "continues to amass wealth as he supports Putin’s regime, acquiring Rosbank, and shares in Tinkoff Bank in the period since Russia’s invasion of Ukraine."

The sanctions include an asset freeze, travel ban, and transport measures that make it a criminal offence for any Russian aircraft to fly or land in the United Kingdom, and give the government powers to remove aircraft belonging to designated Russian individuals and entities from the U.K. aircraft register, even if the sanctioned individual is not on board.

The statement added that Anna Tsivileva, Putin’s cousin and president of the prominent Russian coal mining company, JSC Kolmar Group, has also been sanctioned. Tsivileva’s husband, Sergey Tsivilev, is the governor of the coal-rich Kemerovo region.

The couple have "significantly benefitted" from their relationship with Putin. JSC Kolmar Group is also being sanctioned, the statement said.

"As long as Putin continues his abhorrent assault on Ukraine, we will use sanctions to weaken the Russian war machine. Today’s sanctions show that nothing and no one is off the table, including Putin’s inner circle," the statement quoted a government spokesperson as saying.

The statement said that the British government is also sanctioning a group of Russian individuals and companies for their involvement in "repressing civilians and supporting" the regime of Bashar al-Assad in Syria -- "exposing Russia’s malign activity across the globe."

Since Moscow launched its invasion of Ukraine on February 24, Britain has sanctioned more than 1,000 people and over 120 businesses.

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