Three years of reporting, funded by our readers — become a member now and help us prepare for 2025.
Goal: 1,000 new members for our birthday. Gift a membership to your friend and help us prepare for what 2025 might bring.
Become a member Gift membership
Skip to content
Edit post

UK sanctions Medvedchuk's wife, those with financial links to Russian oligarchs

by The Kyiv Independent news desk April 12, 2023 5:13 PM 2 min read
This audio is created with AI assistance

The U.K. government has announced a new sanctions package targeting Oksana Marchenko, the wife of key Putin ally Victor Medvedchuk, as well as relatives and financial fixers of major Russian oligarchs, including Roman Abramovich and Alisher Usmanov.

"We are closing the net on the Russian elite and those who try to help them hide their money for war… We will keep cutting them off from assets they thought were successfully hidden," said the U.K. Foreign Secretary James Cleverly. "We won't stop until Putin does."

The sanctions list includes family members of the" richest man in the Duma (Russia's parliament)," Andrei Skoch, the owner of Sistema JSFC conglomerate Vladimir Evtushenkov, and Russian senator from the Republic of Dagestan Suleyman Kerimov.

The listed oligarchs used their relatives "as proxies to hide their assets," according to the report.

Among those sanctioned also are Cypriots Demetris Ioannides and Christodoulos Vassiliades, whom the U.K. government called "professional enablers" supporting Abramovich, ex-Chelsea football club owner, and Usmanov.

Usmanov's network of companies was sanctioned as well, including USM, Curzon Square, and Hanley Limited, reads the report.

Marchenko, sanctioned wife of the pro-Kremlin politician Medvedchuk, was put on the wanted list by Ukraine's Internal Ministry on April 11. Medvedchuk was charged with high treason and placed under house arrest in 2021.

He fled the house arrest after Russia launched its full-scale invasion of Ukraine on Feb. 24 and was subsequently re-arrested in April. In September, he was handed over to Russia as part of a prisoner exchange.

Who is Viktor Medvedchuk and why his arrest is a big deal
On April 12, the Security Service of Ukraine captured the country’s most high-profile pro-Kremlin politician Viktor Medvedchuk, who had fled from house arrest in February after Russia launched its ongoing invasion of Ukraine. President Volodymyr Zelensky suggested exchanging Medvedchuk for Ukrainia…
Three years of reporting, funded by our readers.
Millions read the Kyiv Independent, but only one in 10,000 readers makes a financial contribution. Thanks to our community we've been able to keep our reporting free and accessible to everyone. For our third birthday, we're looking for 1,000 new members to help fund our mission and to help us prepare for what 2025 might bring.
Three years. Millions of readers. All thanks to 12,000 supporters.
It’s thanks to readers like you that we can celebrate another birthday this November. We’re looking for another 1,000 members to help fund our mission, keep our journalism accessible for all, and prepare for whatever 2025 might bring. Consider gifting a membership today or help us spread the word.
Help us get 1,000 new members!
Become a member Gift membership
visa masterCard americanExpress

News Feed

3:44 PM

Russian ICBM strike would be 'clear escalation,' EU says.

"While we're assessing the full facts, it's obvious that such (an) attack would mark yet another clear escalation from the side of (Russian President Vladimir Putin," EU foreign affairs spokesperson Peter Stano said, according to AFP.
1:40 PM

Merkel describes Trump as 'fascinated by Putin' in her memoir.

"(Donald Trump) saw everything from the point of view of a property developer, which is what he was before he came into politics. Every plot of land could only be sold once, and if he didn't get it, someone else would," Angela Merkel says in her memoir.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.