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Russian Oligarchs: News

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UK sanctions Dutch businessman exposed by Kyiv Independent for shipping EU machinery to Russian missile suppliers

The U.K. has sanctioned Alexander Tattersall, a Dutch national, and Redwing Metal, the Turkish company he co-owns, nearly four months after a Kyiv Independent investigation revealed the firm had funneled EU-made industrial machinery to Russian metallurgical plants that supply the country's missile and fighter jet manufacturers. Tattersall and Redwing Metal were blacklisted as part of a package of 38 designations announced by the U.K. Foreign, Commonwealth and Development Office (FCDO) on Oct. 8

About Russian oligarchs

Russian oligarchs amassed their wealth through post-Soviet privatization and often maintain close ties with the government of President Vladimir Putin. As a result, Western countries have sanctioned dozens of oligarchs following Russia's full-scale invasion in February 2022, freezing assets including yachts, real estate, and financial holdings. Targeted individuals include Roman Abramovich, Alisher Usmanov, and others accused of enabling Russia's war economy.

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