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UK sanctions Russian strategic industries, banks, business elites.

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U.K. Foreign Secretary Liz Truss announced 65 new sanctions “to cut off vital industries fuelling Putin’s war machine,” targeting six Russian banks including Alfa Bank, Russian Railways, defense companies, mercenary Wagner Group, and Russian oligarchs including billionaire oil tycoon Eugene Shvidler.

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The Kyiv Independent news desk

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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Peter Novak, a Slovak with 25 years of experience in the IT and banking sectors, replaced former board member head Mykola Hladyschenko after he was officially dismissed from his position on Aug. 21 by the government due to his suspected involvement in a money laundering scheme.

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