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UK sanctions Russian oligarch Vladimir Potanin

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The U.K. government press release describes Potanin as "Russia’s second richest man and owner of major conglomerate Interros," which now includes Rosbank after French bank Societe General sold its stake to Interros Capital in April. The U.K. has already sanctioned more than 1,000 people and over 120 businesses since Russia launched its full-scale war against Ukraine.

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We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Russia failed to break Ukraine’s army on the battlefield, and now it’s trying to do it through a peace plan that would cap Ukraine’s forces at 600,000. Some argue that Ukraine would shrink its army — currently estimated at about 800,000 — after the war anyway.

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