UK sanctions oligarchs Alisher Usmanov and Igor Shuvalov over Russia’s invasion
Usmanov, a metals and telecoms tycoon from Uzbekistan with a reported net worth of $18.4 billion, is best known in the United Kingdom for his investment in and previous sponsorship of Premier League soccer clubs Arsenal and Everton.
Shuvalov is a former Putin aide who currently controls the Russian bank VEB, which is also subject to Western sanctions. He managed Russia’s successful bid to host the 2018 World Cup as deputy prime minister.
“We will continue to utilize every authority we have to inflict maximum economic pain on Putin and his war machine as long as he continues his barbarous onslaught on innocent Ukrainians,” British Prime Minister Boris Johnson stated.
Since Russia’s invasion began on February 24, Britain has sanctioned 11 wealthy Russians, as well as Putin and his foreign minister, Sergei Lavrov, and four Belarusian military leaders.
Usmanov and Shuvalov’s British assets have been frozen, they face travel bans, and they are prohibited from engaging with British persons and businesses.
According to the foreign ministry, Usmanov has a mansion and an acreage southwest of London worth 48 million pounds ($64 million), while Shuvalov owns two luxury apartments in downtown London totaling 11 million pounds.