UK extends sanctions on Russia

RUSSIA / FSU POLITICS - In Brief 27 Apr 2021 by Alex Teddy
On April 26 London announced further sanctions on 22 individuals from Russia and other countries such as South Africa and Sudan. This involves asset freezes and restrictions on businesses associated with the named people.14 Russian allegedly concerted in a tax fraud worth USD 230 million of Russian public property. The scheme was supposedly exposed by Sergei Magnitsky.The Gupta brothers in South Africa are on the list.The United States applauded the British decision. The UK is following the suit of the US and Canada.The UK says it shall not accept dirty money. The aim of the sanctions is to encourage democracy and the rule of law.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2025 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.