The European Union has reached a deal with Hungary to renew sanctions on more than 2,400 primarily Russian entities and individuals hours before they were set to expire on March 15, an EU official with knowledge of the negotiations told the Kyiv independent. The EU had been braced for
"Our understanding is that they are most concerned about two things. The first thing is those oligarchs who are under U.S., EU, and U.K. sanctions because this is a real problem for them. And the second thing is what prevents Russia from making money — energy (sanctions)," said Vladyslav Vlasiuk, the president's commissioner for sanctions.
Russian billionaire Roman Abramovich is under investigation for undeclared assets in Germany, Spiegel reported on Feb. 8, citing the Frankfurt am Main Public Prosecutor's Office.
The U.S. Justice Department is shutting down a program that sanctioned Kremlin-linked oligarchs, launched in 2022, Attorney General Pam Bondi announced on Feb. 5.
According to documents obtained by the FT, Mikhail Fridman and Petr Aven sold their stakes for about Rbs 240 billion ($2.5 billion).
Kerimov's investment in SpaceX reportedly began in 2017 through Heritage Trust, a financial structure managed by Citigroup. SpaceX was valued at $21 billion at the time, meaning his 1% stake could have been worth around $210 million.
The court immobilized a large consignment of industrial products and raw materials stored in the warehouses of the Mykolaiv Alumina Plant, which a Russian oligarch previously owned.
From 1990 until 2020, Roman Abramovich invested about $6 billion in Keygrove Holdings Ltd, a company registered in the British Virgin Islands.
Russian-Israeli oligarch Roman Abramovich evaded millions in taxes in EU countries through a fake yacht-for-hire scheme, according to a joint investigation by the BBC, The Guardian, and The Bureau of Investigative Journalism published on Jan. 28.
The United Kingdom's National Crime Agency (NCA) announced on Dec. 4 that it had dismantled a multibillion-dollar money laundering scheme that has enabled criminal networks, including Russian spies and oligarchs, to evade sanctions using cryptocurrency.
Alisher Usmanov, 71, headed the federation until the start of the full-scale invasion in 2022, when the European Union and the U.S. first sanctioned him as a person who fueled Russian aggression in Ukraine.
Russian oligarchs Gennady Timchenko and Mikhail Fridman and Russia's National Settlement Depository on Sept. 11 lost their appeal against EU sanctions imposed against them.
Ukraine's High Anti-Corruption Court approved the Justice Ministry's claim to nationalize a manufacturing enterprise belonging to Russian oligarch Viktor Kononov worth more than Hr 2 billion ($48.4 million), the Security Service of Ukraine (SBU) said on July 25
Russia's wartime economy has earned a dozen oligarchs $11 billion in dividends as Russian natural resource and finance giants earn record profits during the full-scale invasion of Ukraine, Bloomberg reported on July 9.
Russian oligarch and business tycoon Dmitry Pumpyansky has successfully appealed against sanctions imposed by the European Union, according to a decision by the EU General Court published on June 26.
The Dutch government ruled in May to end exemptions that allowed Russian fishing companies to offload their products in the Netherlands, which has typically been one of Europe's largest importers of Russian seafood.
Raiffeisen has been interested in buying a 1.5 billion euro ($1.6 billion) stake in the construction company Strabag, which is linked to Russian oligarch Oleg Deripaska.
The EU Court of Justice ruled on April 10 to lift sanctions against Russian business tycoons Mikhail Fridman and Petr Aven, imposed in response to the Russian full-scale invasion of Ukraine.
The enforcement actions coincide with the U.S. announcing new sanctions against Russia on the eve of the second anniversary of Russia's full-scale invasion of Ukraine.
Savvidi was listed among 25 oligarchs whose companies serve the Russian military-industrial complex and whose assets had not yet been confiscated by Ukraine.
In the 2022 decision to impose sanctions, Alisher Usmanov was described as a "pro-Kremlin oligarch with particularly close ties to Russian President Vladimir Putin."
Russian businessman Igor Churkin, who was detained in Argentina at the request of Ukraine, has applied for political asylum in the South American country, the Russian state-owned news agency TASS reported, citing Natalia Pustovalova, an official of the Russian Embassy in Buenos Aires.
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